Which statement about the SEC is accurate? SEC- U.S. Securities and Exchange Commission It can convict people of crimes without

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2 years ago

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Which statement about the SEC is accurate? SEC- U.S. Securities and Exchange Commission It can convict people of crimes without

a trial. It is part of the government’s cabinet department. It is an independent agency that regulates finance. It is associated with the legislative branch.

SAT

1 answer:

Arte-miy333 [17] · Answer 1 · 2023-04-11T23:05:01+03:00

The accurate statement about the Securities and Exchange Commission is:

<u>C. It is an independent agency that regulates finance</u>

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The Securities and Exchange Commission is a government agency that is in charge with protecting the financial interests of the country and making sure that the economy is stable.

Some of the common misconceptions about the SEC are that:

They can convict people of crimes without a trial
They are a part of the government’s cabinet department.
It is associated with the legislative branch.

However, these are all wrong because their activities are totally independent and they regulate finance.

Therefore, the correct answer is option C