The Securities and Exchange Commission (SEC) is a U.S. government oversight agency responsible for regulating the securities markets and protecting investors.
What are the major responsibilities of the Securities and Exchange Commission?
The Securities and Exchange Commission oversees securities exchanges, securities brokers and dealers, investment advisors, and mutual funds in an effort to promote fair dealing, the disclosure of important market information, and to prevent fraud.
What are the three responsibilities of the SEC?
The U. S. Securities and Exchange Commission (SEC) has a three-part mission: Protect investors. Maintain fair, orderly, and efficient markets. Facilitate capital formation.
What is the role of the Securities and Exchange Commission quizlet?
The Securities and Exchange Commission (SEC) is a government commission created by Congress to regulate the securities markets and protect investors SEC founded in 1930. In addition to regulation and protection, it also monitors the corporate takeovers in the U.S.
Which of the following is not true about SEC actions under the Securities Exchange Act of 1934?
Which of the following is NOT true about SEC actions under the Securities Exchange Act of 1934? The SEC may not require defendants to disgorge illegally gained profits.
What is the SSA quizlet?
Terms in this set (58) SSA stands for. social security administration.
What was the purpose of the Securities and Exchange Commission SEC which was created in 1934?
The Securities Exchange Act of 1934 (SEA) was created to govern securities transactions on the secondary market, after issue, ensuring greater financial transparency and accuracy and less fraud or manipulation.
Which of the following is not regulated by the Securities Exchange Act of 1934?
regulation of insider trading. The Securities Exchange Act of 1934 covers all of the following EXCEPT: A) trading of corporate securities.
Which of the following are regulated under the Securities Exchange Act of 1934?
The Securities and Exchange Act of 1934 (Exchange Act) is United States legislation that regulates securities trading on the secondary market, stock exchange markets and the participants involved to protect investors.
Which of the following is regulated by the Federal Communications Commission quizlet?
The Federal Communications Commission regulates: radio and television to the extent of licensing stations and policing programming.
Why does the FCC control broadcast licenses quizlet?
An FCC requirement for broadcasters as holders of broadcast licenses because of the spectrum scarcity. Generally, it means station owners cannot use the radio station as a personal megaphone and need to provide programming that benefits their audience, such as public affairs shows and news.
Who was the SSA intended to help?
Roosevelt in 1935, created Social Security, a federal safety net for elderly, unemployed and disadvantaged Americans. The main stipulation of the original Social Security Act was to pay financial benefits to retirees over age 65 based on lifetime payroll tax contributions.
What does SSA stand for?
The Social Security Administration (SSA) began life as the Social Security Board (SSB).
What was the Securities and Exchange Commission new deal?
The crash led to Congress to passing the Securities Act of 1933 and the Securities Exchange Act of 1934. The SEC “was designed to restore investor confidence in our capital markets by providing investors and the markets with more reliable information and clear rules of honest dealing.”
Which of the following issuers must register securities with the Securities and Exchange Commission SEC under the Securities Exchange Act of 1934?
Companies with more than $10 million in assets whose securities are held by more than 500 owners must file annual and other periodic reports with the SEC.
What was the purpose of the Securities Act of 1934 quizlet?
The primary purpose of the Securities Acts was to curb speculation and fraud in the markets. The Act of 1933 regulates the primary (new issue) market; while the Act of 1934 regulates the secondary (trading market).
Which of the following issuers must register securities with the SEC under the 1934 Act quizlet?
The best answer is A. Only corporations and investment companies (which are either corporations or trusts) file annual and semi-annual reports with the SEC. Municipal and federal issuers are exempt from the Securities Exchange Act of 1934.
Which of the following securities are exempt from registration under the Securities Act of 1933 choose 3 answers?
Government bonds, municipal bonds, and Small Business Investment Company issues are all exempt securities under the 1933 Act.
Which of the following is not true regarding the Securities Act of 1933?
Which of the following is NOT true about the Securities Act of 1933? Securities that are issued online are not covered by the 1933 Act.
What is FCC explain the principles of preparing standard FCC?
The FCC was formed by the Communications Act of 1934 to replace the radio regulation functions of the Federal Radio Commission. The FCC took over wire communication regulation from the Interstate Commerce Commission.
What does the FCC not regulate?
As a public service, the FCC does offer several consumer guides addressing issues for which we do not have primary regulatory jurisdiction. These include: Cancellation, Rescheduling or Refusal of Radio and TV Programs. No Dial Tone – Local, Local Toll and Long Distance Calling.
Does the Federal Communications Commission have the right to regulate media content quizlet?
The Communications Act established the Federal Communications Commission. The act specifically states that the FCC is NOT GRANTED THE RIGHT OF CENSORSHIP. The act also states that the FCC shall carry out its work “as public convenience, interest, or necessity requires.” broadcast regulation.
Which agency is responsible for media regulation quizlet?
Although often amended, this law is still in place, giving the Federal Communications Commission (FCC) authority to regulate over-the-air radio and television.
Who is responsible for operating the station within the regulations established by the FCC?
The FCC’s Structure and the Media Bureau.
One of those is the Media Bureau, which has day-to-day responsibility for developing, recommending, and administering the rules governing the media, including radio and television stations.
What frequencies does FCC not regulate?
In 2010, the FCC prohibited the use of wireless mics and devices on unused broadcast channels on the 600 MHz service band and on the 700 MHz band – specifically the frequencies between 698 and 806 MHz.
How did the SSA help the Great Depression?
On August 14, 1935, the Social Security Act established a system of old-age benefits for workers, benefits for victims of industrial accidents, unemployment insurance, and aid for dependent mothers and children, persons who are blind, and persons with disabilities.
Was the SSA successful?
The Social Security program has become the most successful, most popular domestic program in the nation’s history. This Administrative History is a testament to that legacy by providing a comprehensive picture of SSA’s efforts during the Clinton Administration in administering the Social Security programs.
What were the main provisions of the Social Security Act quizlet?
What were the main provisions of the Social Security Act? – It provided financial aid to the disabled and gave states federal money to make temporary payments to the unemployed.
Which of the following are covered under the Securities Exchange Act of 1934 quizlet?
The Securities Exchange Act of 1934 does regulate trading of all non-exempt securities, including common stocks, preferred stocks, corporate bonds, options on securities, etc. The general provisions of the Securities Exchange Act of 1934 apply to non-exempt securities only.
Which of the following is not true about SEC actions under the Securities Exchange Act of 1934?
Which of the following is NOT true about SEC actions under the Securities Exchange Act of 1934? The SEC may not require defendants to disgorge illegally gained profits.
What are the four core functions of SEC?
The SEC is mandated to promulgate rules to facilitate and expedite, among others, corporate name reservation and registration, incorporation, submission of reports, notices, documents required under the Code, and sharing of pertinent information with other government agencies.
What was the purpose of the Securities and Exchange Commission created during the Great Depression?
The commission’s purpose was to restore investor confidence by ending misleading sales practices and stock manipulations that led to the collapse of the stock market in 1929.
Which of the following securities are not required to be registered with the SEC?
Government bonds, municipal bonds, and Small Business Investment Company issues are all exempt securities under the 1933 Act. Corporate bonds are non-exempt securities that must be registered with the SEC under the Securities Act of 1933.
Which of the following is not regulated by the Securities Exchange Act of 1934?
regulation of insider trading. The Securities Exchange Act of 1934 covers all of the following EXCEPT: A) trading of corporate securities.
What did the Securities Exchange Act of 1934 do?
AN ACT To provide for the regulation of securities exchanges and of over-the- counter markets operating in interstate and foreign commerce and through the mails, to prevent inequitable and unfair practices on such exchanges and markets, and for other purposes.
What is the Securities Exchange Act of 1933?
Often referred to as the “truth in securities” law, the Securities Act of 1933 has two basic objectives: require that investors receive financial and other significant information concerning securities being offered for public sale; and. prohibit deceit, misrepresentations, and other fraud in the sale of securities.
Which of the following is exempt from the reporting provisions of the Securities Act of 1934?
Municipal and federal issuers are exempt from the Securities Exchange Act of 1934. The best answer is A. Municipal issuers are exempt from the provisions of the Securities Acts, as are all other governmental issuers. The SEC has authority over corporate issuers, and requires financial reports from corporations.
Which of the following are national securities exchanges that must register with the SEC i NYSE II AMEX NYSE American III PHLX IV CBOE?
Which of the following are national securities exchanges that MUST register with the SEC? The Securities Exchange Act of 1934 requires that each national securities exchange register with the SEC. Such exchanges include the NYSE, AMEX (NYSE American), CBOE, PHLX, etc.
Which of the following types of securities or securities transactions are exempt from the need to be registered under the Securities Act of 1933?
Summary. Exempt transactions are securities transactions that are exempt from the registration requirements of the 1933 Securities Act. Four typical examples of transaction exemptions in the United States include 1) Regulation A Offerings, 2) Regulation D Offerings, 3) Intrastate Offerings, and 4) Rule 144 Offerings.
Which of the following is not true regarding the Securities Act of 1933?
Which of the following is NOT true about the Securities Act of 1933? Securities that are issued online are not covered by the 1933 Act.
Which of the following statements is true about the SEC customer protection rule?
Which of the following statements is TRUE about the SEC Customer Protection Rule? If a client sells securities and fails to deliver them within 10 business days of the settlement date, the broker-dealer must buy-in the customer.