What is the role of the SEC in regulating the municipal securities market?
A. The SEC is responsible for registering broker-dealers and investment advisors who work in the municipal securities market.
B. The SEC oversees the disclosure of information by issuers of municipal securities.
C. The SEC enforces rules that govern the activities of participants in the municipal securities market.
D. The SEC has no role in regulating the activities of participants in the municipal securities market.
Answer:B
What is the role of the SEC in regulating the municipal securities market?
A. The SEC is responsible for registering broker-dealers and investment advisors who work in the municipal securities market. B. The SEC oversees the disclosure of information by issuers of municipal securities. C. The SEC enforces rules that govern the activities of participants in the municipal securities market. D. The SEC has no role in regulating the activities of participants in the municipal securities market.