Write a short note on the regulation of the U.S. securities markets
Both the government and the industry itself regulate the U.S. securities markets. At the base of the regulatory pyramid, stock brokerage firms maintain compliance departments to oversee their own operations. At the next level, the NYSE, the American Stock Exchange, NASDAQ, and the regional exchanges are responsible for monitoring their member firms' business practices, funding adequacy, compliance, and integrity. They also use sophisticated computer surveillance systems to scrutinize trading activity. The Securities and Exchange Commission (SEC) is the federal government agency that oversees the market's self-regulation.
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Of the following, who would probably have the highest income?
a. a couple, both of whom have high school educations and work at WalMart b. a husband who has a high school degree and a middle-management job and his wife, who is a full-time mother c. a couple, both of whom have high school educations; he is a high school teacher and she is a librarian d. a husband who has a college degree and is a high school teacher and his wife, who has an MBA and works as a insurance company executive e. a couple, both of whom have college degrees and are high school teachers
When the demand and supply of grapes both decrease at the same time, we can safely predict that the: a. price of grapes will fall
b. price of grapes will rise. c. quantity of grapes exchanged will fall. d. quantity of grapes exchanged will rise.
In a given year, suppose a company spends $100 million on intermediate goods and $200 million on wages, with no other expenses. Also assume that its total sales are $800 million. The value added by this company equals
A) $200 million. B) $300 million. C) $500 million. D) $700 million. E) $800 million.
One way to estimate GDP is to:
A. add together the market value of only final goods sold in the economy and not services. B. measure the total expenditure of an economy. C. add together the market value of only final services sold in the economy. D. add up all the money people spend buying final and intermediate goods and services.