Quiz on SEC

What does SEC stand for?

• Securities and Exchange Commission

• Stock Exchange Corporation

• Securities Evaluation Center

• Savings and Earnings Commission

Tags

CCSS.RI.11-12.3

CCSS.RI.11-12.5

CCSS.RI.8.3

CCSS.RI.9-10.3

CCSS.RI.9-10.5

When was the SEC established?

• 1913

• 1929

• 1934

• 1945

Why was the SEC created?

• To regulate gambling

• In response to the stock market crash of 1929

• To oversee banks

• To create new trading platforms

What is the primary purpose of the SEC?

• Protect investors

• Promote fair trading

• Maintain efficient markets

• All of the above

Which of the following is a responsibility of the SEC?

• Regulating the stock market

• Setting interest rates

• Controlling Inflanation

• Printing Money

What is the SEC's role in relation to public companies?

• Approving company mergers

• Ensuring they disclose financial information

• Setting their stock prices

• Auditing their financial records

What is the name of the database where the SEC stores financial filings?

• EDGAR

• NASDAQ

• SECure

• FINRA

Which agency enforces rules against insider trading?

• Department of Justice

• SEC

• Federal Trade Commission

• Internal Revenue Service

How many commissioners lead the SEC?

• 3

• 5

• 7

• 9

Who appoints the SEC commissioners?

• Congress

• The president

• The supreme court

• State govenors