Which item below is not true of the Securities and Exchange Commission?
A)It insures investors against losses from fraud or theft.
B)It was created by federal government.
C)It approves securities for sale in financial markets.
D)It requires that potential securities buyers be provided prospectuses.

Question

Quizplus · Accepted Answer

The Securities and Exchange Commission does not insure investors against losses from fraud or theft. Its main responsibilities include enforcing federal securities laws, regulating the securities industry, and protecting investors from fraud and manipulation.

Which Item Below Is Not True of the Securities and Exchange