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Sagot :
SEC requires brokers and dealers to reveal information about securities to protect consumers, the statement is true.
What is SEC?
SEC stands for the securities and exchange commission of the United States, governing in the cases of misconduct in the financial clauses of business by sharing false information or involving in fraud.
SEC aims to protect investors by enforcing strict laws on securities and punishing the violators of the law. They help in supervising the securities markets and organizations to ensure that fair and honest treatment is received by investors.
Objectives of SEC :
The objective of the SEC (securities and Exchange Commission) is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation. they also protect consumers by requiring brokers and dealers to reveal information about securities.
Learn more about SEC :
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