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Questions and Answers
What was the purpose of the Bubble Act passed by the British Parliament in 1720?
What was the purpose of the Bubble Act passed by the British Parliament in 1720?
- To strengthen securities law
- To impose specific regulations on securities (correct)
- To create a separate agency for securities regulation
- To regulate securities products
What led to the creation of the Securities and Exchange Commission in the US?
What led to the creation of the Securities and Exchange Commission in the US?
- The licensing of brokers by Edward I of England
- The self-regulated groups or societies
- The failure of the Blue sky law
- The 1930 financial crisis and Great Depression (correct)
What was the purpose of the Bubble Act passed by the British Parliament in 1720?
What was the purpose of the Bubble Act passed by the British Parliament in 1720?
- To strengthen securities law in the US
- To regulate securities products
- To have specific regulations for securities (correct)
- To create a separate agency for securities regulation
What was the reason behind the creation of the Securities and Exchange Commission in the US?
What was the reason behind the creation of the Securities and Exchange Commission in the US?
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