Which of the following is true of the Division of Market Regulation?
A) Accountants, lawyers, financial officers, and underwriters all rely heavily on advice from this division.
B) This division reviews all registration statements, prospectuses, and quarterly and annual reports of corporations, as well as their proxy statements.
C) It can recommend to the full commission the suspension of an exchange for up to three years.
D) It seeks to discourage manipulation or fraud in the issuance, sale, or purchase of securities.

Question

Quizplus · Accepted Answer

The Division of Market Regulation (now known as the Division of Trading and Markets) primarily focuses on maintaining fair, orderly, and efficient markets, which includes discouraging manipulation or fraud in securities transactions.

Which of the Following Is True of the Division of Market