Which item below is not true of the Securities and Exchange Commission

Which item below is not true of the Securities and Exchange Commission?

A)

It oversees securities trades to assure that fair prices are set.
B)

It was created by the 1934 Securities Act.
C)

It requires that new issues of securities be registered with it.
D)

It requires that potential securities buyers be provided prospectuses.

 

 

ANSWER

A

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