3 Questions and Pick 2: Market Regulation and Mergers and Acquisitions

3 Questions and Pick 2: Market Regulation and Mergers and Acquisitions
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3 Questions and Pick 2: Market Regulation and Mergers and Acquisitions
Q#1 Market Regulation
Regulatory bodies such as the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), and the New York Stock Exchange (NYSE) regulate the U.S. financial system. The primary work of the SEC is to preserve the veracity of both over-the-counter and traditional exchanges of the securities market and protect investors. Following the 1929 Stock Market Crash and the Great Depression, investors lost their trust in the stock market. Therefore, Congress enacted the Securities Act (1933) and the Securities Exchange Act (1934) to reestablish public confidence. FINRA, a not-for-profit regulatory body, works to authorize and standardize broker-dealers under the influence of the SEC. NYSE’s mission is to add value to asset management process through the provision of profitable, quality, and the se...