SIE practice questioneasySecurities Exchange Act of 1934
Which Act gave the SEC authority to regulate exchanges and securities markets to prevent manipulation and fraud?
- ASarbanes-Oxley Act
- BInvestment Advisors Act of 1940
- CSecurities Act of 1933
- DSecurities Exchange Act of 1934✓ Correct answer
Explanation
Why D — Securities Exchange Act of 1934
The Securities Exchange Act of 1934 created and empowered the SEC to oversee exchanges and prevent market manipulation. The 1933 Act governs new issues, not exchanges.
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