Question

What does the SEC do in the

financial industry?
A. It represents unskilled laborers.
B. It protects people's money in banks.
C. It regulates the stock market.

Answer 1

The SEC is a regulatory agency in the financial industry that regulates the stock market, ensures fair and efficient financial markets, and protects investors.

Step-by-step explanation:

The SEC, or the Securities and Exchange Commission, is a regulatory agency in the financial industry that oversees and enforces securities laws. It plays a crucial role in maintaining fair and efficient financial markets and protecting investors. The SEC regulates the stock market, ensuring that companies provide accurate and complete information to the public, and that investors have access to the necessary information to make informed decisions.

Learn more about Role of the Securities and Exchange Commission in the financial industry