#1
Which regulatory body oversees securities trading in the United States?
#2
What does 'SEC' stand for in the context of securities regulation?
Securities Exchange Commission
Stock Exchange Corporation
Securities Enforcement Committee
Securities and Exchange Council
#3
What is the primary goal of securities regulation?
To promote fair and efficient markets
To maximize profits for investors
To prevent companies from going public
To regulate cryptocurrency trading
#4
Which of the following is NOT a type of security?
Stocks
Bonds
Mutual Funds
Cryptocurrency
#5
What is the role of the Securities and Exchange Commission (SEC) in securities regulation?
To oversee the issuance and trading of securities
To set interest rates
To regulate international trade
To enforce immigration laws
#6
What is the primary purpose of the Securities Investor Protection Corporation (SIPC)?
To insure against losses due to market volatility
To regulate hedge funds
To provide protection for investors in case of brokerage firm insolvency
To manage pension funds
#7
Which act governs the regulation of securities in the United States?
Sarbanes-Oxley Act
Dodd-Frank Act
Securities Act of 1933
Patriot Act
#8
What is insider trading?
Trading of securities based on material nonpublic information
Trading securities openly on the market
Trading securities outside the country
Trading securities with high volatility
#9
What is the 'blue sky' law?
State regulations governing the issuance and sale of securities
A federal law governing internet securities trading
An international treaty on securities regulation
A term used to describe a clear sky during market hours
#10
What is the role of the Financial Industry Regulatory Authority (FINRA)?
To regulate investment banks
To oversee trading on the New York Stock Exchange
To enforce compliance with securities laws and regulations
To set monetary policy
#11
What is the 'quiet period' in securities regulation?
A period of reduced trading activity
A period during which insiders are prohibited from trading the company's securities
A period of market closure
A period of high volatility
#12
What is the function of the Investment Company Act of 1940?
To regulate investment advisers
To regulate the sale of securities to the public
To regulate the operations of investment companies
To regulate insider trading
#13
What is the purpose of the Securities Act of 1933?
To regulate the issuance of securities and require disclosure of information
To regulate the trading of securities on the stock exchanges
To oversee mergers and acquisitions in the securities industry
To prosecute individuals involved in securities fraud
#14
What is the purpose of the Securities Exchange Act of 1934?
To regulate the secondary trading of securities
To regulate the issuance of securities
To establish the Securities and Exchange Commission
To regulate mutual funds
#15
What is the main purpose of the Jumpstart Our Business Startups (JOBS) Act?
To encourage small business funding and growth by easing securities regulations
To restrict small business access to capital markets
To regulate cryptocurrency trading
To impose stricter regulations on hedge funds
#16
What does 'KYC' stand for in the context of securities regulation?
Know Your Currency
Know Your Commodities
Know Your Customer
Know Your Corporation
#17
What is the role of the Public Company Accounting Oversight Board (PCAOB) in securities regulation?
To oversee mutual funds
To regulate investment banks
To set accounting standards for public companies and audit firms
To manage pension funds