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?© BrainMass Inc. brainmass.com October 25, 2018, 12:26 am ad1c9bdddf
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 ...
The solution provides details on the SEC and its impact on financial decision making
Securities and Exchange Commission
The House of Congress passed in May a bill that would require the Securities and Exchange Commission to carry out a cost benefit analysis of each of its policies, to assure that the "benfit" of its regulations outweigh the "costs" on business. Read the linked article while keeping into mind how a cost benefit analysis can make or break an initiative, regulation, or project.
Imagine you are conducting a cost-benefit analysis. How do you plan to use this when making decisions about public expenditures? How necessary is it in the decision-making process?View Full Posting Details