The Public Utility Holding Company Act of 1935 requires that public utility and holding companies .
A) set rates as low as possible without sacrificing a reasonable profit
B) register with the Securities and Exchange Commission and disclose information about their finances and operations
C) notify the Environmental Protection Agency before building new power facilities
D) elect board members at annual elections

Question

Quizplus · Accepted Answer

The Public Utility Holding Company Act of 1935 requires public utility and holding companies to register with the Securities and Exchange Commission and disclose information about their finances and operations. This is intended to increase transparency and protect consumers from potential abuses of market power. The other options listed are not requirements under the act.

The Public Utility Holding Company Act of 1935 Requires That