985
QuizMultiple Choice

Modeling with Rational Functions — Unit test

Question 985 • Crowley Credit Recovery Algebra II B

Which statement explains a way how the Securities and Exchange Commission upholds fair business practices?

Answer
T
The SEC makes sure that banks follow federal laws.
T
The SEC tries to limit risk in the financial system.
T
The SEC generally oversees banking practices.
T
The SEC generally oversees financial advisers.

Explanation

The Securities and Exchange Commission oversees securities markets and regulates many financial advisers to help protect investors and promote fair practices. Banks are generally supervised by other federal agencies, and limiting risk across the financial system is not the SEC’s primary role. Therefore, “The SEC generally oversees financial advisers” is correct.

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