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What is the Act that is governing private companies​

User Kunquan
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Answer:

The call it the companies act

Step-by-step explanation:

The Exchange Act created the Securities and Exchange Commission (the “SEC”) that has oversight, as well as regulatory authority and disciplinary power, over the U.S. Securities industry, including brokerage firms and their reps, transfer agents, and the nation's Securities Self-Regulatory Organizations (“SROs”).

User RCE
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