QUESTION 1 1 points Save Answer The Fed performs all of the following functions except: O processing the paperwork involved in buying and selling government securities. collecting federal tax payments. regulating state banks. holding the U.S. Treasury's checking account. QUESTION 2 1 points Save Answer Which of the following is not true of the SEC (Securities Exchange Commission)? It enforces laws designed to protect investors against misconduct in the securities markets. It enforces laws against insider trading. All public companies must provide the SEC with a prospectus annually. Companies offering securities for sale must register their intent to do so with the SEC. QUESTION 3 1 points Save Answer are characterized Because they don't accept deposits from individuals or provide traditional banking services, as nondeposit institutions. finance companies money market funds mutual fund companies brokerage firms QUESTION 4 1 points Save Answer If you're starting a new business and you borrow money from family members, you should be sure to O designate lenders as part owners draw up a formal loan agreement borrow as little as possible repay the money in the first year QUESTION 5 1 points Save Answer All of the following fall into one of three broad areas of finance except commercial banking O corporate finance investment industry individual finance