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Securities and Exchange Commission

I have to answer the questions below in 250 words. I have been reading the chapter and don't fully understand these questions.

What is the SEC? Describe 2 ways that it impacts financial decision-making?

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What is the SEC? Describe 2 ways that it impacts financial decision-making?

SEC is Securities and Exchange Commission. SEC was created under the Securities Exchange Act of 1934 and its purpose is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation. SEC does this by getting the firms to provide adequate disclosure so that investors are adequately informed. It makes new rules as ...

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The solution provides details on the SEC and its impact on financial decision making

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