The Maloney Act led to the creation of
A)the Securities and Exchange Commission (SEC).
B)the American Arbitration Association (AAA).
C)the National Association of Securities Dealers (NASD).
D)the Securities Investor Protection Commission (SIPC).

Question

Quizplus · Accepted Answer

The Maloney Act of 1938 led to the creation of the National Association of Securities Dealers (NASD), which was a self-regulatory organization for the securities industry. Its purpose was to promote fair and equitable practices among securities dealers.

The Maloney Act Led to the Creation of