19. Why was the Securities Exchange Commission (SEC) created?

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Jordan Stanley

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2 July, 05:29

19. Why was the Securities Exchange Commission (SEC) created?

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Answers (2)

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Stephen Nichols · Answer 1

Answer:It was created by Congress in 1934 as the first federal regulator of the securities markets. The SEC promotes full public disclosure, protects investors against fraudulent and manipulative practices in the market, and monitors corporate takeover actions in the United States

Rogelio Mcconnell · Answer 2

It was created by Congress in 1934 as the first federal regulator of the securities markets. The SEC promotes full public disclosure, protects investors against fraudulent and manipulative practices in the market, and monitors corporate takeover actions in the United States.