A securities commission isA) a provincial agency that serves as watchdog on the issuance and trading of shares.B) a collateral right to debt.C) a fee or percentage allowed to a shareholder in a share transaction.D) an authorization to exchange confidential information.E) a permission to transfer shares in a closely held company.

Question

A securities commission isA)  a provincial agency that serves as watchdog on the issuance and trading of shares.B)  a collateral right to debt.C)  a fee or percentage allowed to a shareholder in a share transaction.D)  an authorization to exchange confidential information.E)  a permission to transfer shares in a closely held company.

Mackenzie Ortlieb · Accepted Answer

Final Answer : A, Explanation :  A securities commission is a regulatory body at the provincial or state level responsible for overseeing the securities industry within its jurisdiction. This includes monitoring the issuance and trading of shares to ensure compliance with laws and regulations, protecting investors, and maintaining fair and efficient markets. Choices B, C, D, and E describe different concepts unrelated to the primary function of a securities commission.

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