5 Questions
The SEC has the power to do all of the following except
arrest those in violation of the regulations
The SEC is the primary federal securities industry regulator in the United States. It was created by
the Securities Exchange Act of 1934
Financial activities and large cash transactions are reported to which of the following federal agencies?
FinCEN
The FDIC insures customer assets held at
banks
In order to register a broker-dealer firm to do business in a state, you would register with
the administrator
Test your knowledge on the powers of the Securities and Exchange Commission (SEC) by identifying the action that the SEC does not have the authority to do.
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