The Securities and Exchange Commission (SEC) makes rules regarding what must be in a stock prospectus, prosecutes
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The Securities and Exchange Commission (SEC) makes rules regarding what must be in a stock prospectus, prosecutes and adjudicates alleged violations, and prescribes punishment. This gives the SEC considerable power. What checks are there against this power?
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Checks against the arbitrary use of agency power include the courts power ...View the full answer
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Related Book For
Business Law Text and Exercises
ISBN: 978-1305509603
8th edition
Authors: Roger LeRoy Miller, William E. Hollowell
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