Question

The Securities Exchange Commission(SEC) does not A. decide wherher a firm making public issue has provided...

The Securities Exchange Commission(SEC) does not
A. decide wherher a firm making public issue has provided enough information for investor to decide whether the issue is fairly priced

B. attempt to reduce excessive price fluctuations

C. decide whether a public issue a fairly priced

D. require exchanges to monitor trading to precent insider trading
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Answer #1

The answer is B.attempt to reduce excessive price fluctuations

The Objective of SE is to protect investors by making sure that they get complete information, transparency etc.

A, B and D are all functions of SEC except B

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