The SEC requires a full and fair disclosure of information about companies so that: A. investors can assess the investment quality of registered securities. B. the SEC can assess the investment quality of registered securities. C. the SEC can assess the credit worthiness of registered companies. D. all of the above.
Answer: D: all of the above
Explanation to the above answer:
The Security Exchange Commission (SEC ) requires to make full and fair disclosure of information about companies so that Prospective investors can easily assess the investment quality of registered securities. The Security Exchange Commission (SEC ) can assess the investment quality of registered securities and also assess the credit worthiness of registered companies