Which federal law created the Securities and Exchange Commission (SEC)?

Which federal law created the Securities and

Multiple choice — select the best answer

AThe Securities Act of 1933
BThe Securities Exchange Act of 1934
CThe Investment Company Act of 1940
DThe Trust Indenture Act of 1939

✓ Correct answer: B. The Securities Exchange Act of 1934 The Securities Exchange Act of 1934 created the SEC to regulate the secondary market and enforce the federal securities laws. The 1933 Act governs new issues but did not create the SEC.

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Which federal law created the Securities and Exchange Commission (SEC)?

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