Question

e Securities and Exchange Commission was created by the government to protect investors and to maintain orderly and efficient markets. It is an example of a(n) _____. a. strategic partner b. regulatory agency c. competitor

Answer 1

Answer:

Correct option is (b)

Explanation:

Regulatory agencies are authoritative bodies established by the Government to establish, implement and supervise the standards to be followed to carry out certain activities or actions. Different fields or areas have respective regulatory agencies that oversee the activities of those establishments.

SEC or securities exchange commission is a regulatory agency established to supervise the securities market, thereby protecting investors from frauds and other malpractices.