The Securities Exchange Commission (SEC)does not
A)decide whether a public issue is fairly priced.
B)decide whether a firm making a public issue has provided enough information for investors to decide whether the issue is fairly priced.
C)require exchanges to monitor trading to prevent insider trading.
D)attempt to reduce excessive price fluctuations.
E)monitor the major securities exchanges.

Question

Quizplus · Accepted Answer

The SEC does not decide whether a public issue is fairly priced; its role is to ensure that sufficient information is provided for investors to make informed decisions, among other regulatory functions.

The Securities Exchange Commission (SEC)does Not