SIE practice questioneasySecurities Exchange Act of 1934
Who is primarily responsible for enforcing regulations against market manipulation in the secondary markets?
- AThe Internal Revenue Service (IRS)
- BThe Federal Reserve
- CThe Department of Treasury
- DThe Securities and Exchange Commission (SEC)✓ Correct answer
Explanation
Why D — The Securities and Exchange Commission (SEC)
The SEC enforces securities laws and regulations targeting market manipulation in the secondary markets. The Federal Reserve handles monetary policy, Treasury issues government securities, and the IRS administers tax law.
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