SIE practice questioneasySEC Rules
Which federal agency regulates the U.S. securities markets and enforces rules against insider trading?
- AMunicipal Securities Rulemaking Board (MSRB)
- BFinancial Industry Regulatory Authority (FINRA)
- CSecurities and Exchange Commission (SEC)✓ Correct answer
- DFederal Reserve Board (FRB)
Explanation
Why C — Securities and Exchange Commission (SEC)
The SEC is the main federal regulator of securities markets and enforces insider trading rules. FINRA is a self-regulator; MSRB oversees municipal markets; FRB is central banking.
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