164
QuizMultiple Choice

Home Ownership — Cumulative exam

Question 164 • Financial Math - MA2007

What is the SEC?

Answer
A
The largest stock exchange in North America
B
The margin of profit you gain from stock
C
The government agency which oversees the trading of stock
D
The total worth of your stock portfolio

Explanation

SEC stands for the Securities and Exchange Commission. It is a U.S. government agency that oversees securities markets and helps enforce rules for stock trading, so the correct choice is “the government agency which oversees the trading of stock.”

AI-written and checked against the verified answer.

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