Question

The organization charged with protecting investors and the public by requiring full disclosure f financial information by companies offering securities to the public is the:_______

a. Auditing Standards Board.
b. Financial Accounting Standards Board.
c. Government Accounting Standards Boards.
d. Securities and Exchange Commission.

Answer 1

The organization charged with protecting investors and the public by requiring full disclosure f financial information by companies offering securities to the public is the:_______

d. Securities and Exchange Commission.

Step-by-step explanation:

The SEC (Securities and Exchange Commission) is an organization that has continued to discharge three main responsibilities with regards to the securities market. It has protected investors' investments in the capital market, maintained fair, orderly, and efficient capital markets, and facilitated capital formation. It regulates investments and the exchange of securities. It restores confidence in the capital market. It also provides transparency into the financial workings of U.S. companies.