Multiple Choice
In 2010, Congress passed tougher financial regulations in response to harsh criticism of the Securities and Exchange Commission (SEC) for what analysts charged was ____________________ prior to the recessionary years of 2008-2009.
A) the SEC's driving the financial sector to near collapse through overregulation
B) weak SEC oversight of its financial sector
C) the SEC's allowing new monopolies to develop in the banking and finance sectors
D) failing to enforce provisions of a reform bill, passed a few years earlier,
Correct Answer:
Verified
Correct Answer:
Verified
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