Question

Which statement explains a way how the Securities and Exchange Commission upholds fair business practices? The SEC makes sure that banks follow federal laws. The SEC tries to limit risk in the financial system. The SEC generally oversees banking practices. The SEC generally oversees financial advisers.

Answer 1

D

Explanation: The SEC generally oversees financial advisers.

Answer 2

The SEC generally oversees financial advisers.

Step-by-step explanation:

The Securities and Exchange Commission mainly task is to protect investors from fraudulent, unfair and disorganized investments and market. To ensure this they look out for information about market and companies providing them for the invertors. SEC also develops and provides tolls for risk analysis and surveillance of financial advisers, so the SEC generally oversees financial advisers.