Question 6 2 pts Match the following Investor Protection Agencies with the correct description. Securities Investor Protection Corporation (SIPC) [Choose] Securities and Exchange Commission (SEC) [Choose ] > Financial Industry Regulatory Authority (FINRA) [Choose] Federal Deposit Insurance Corporation (FDIC) [Choose] Federal Trade Commission (FTC) [Choose] Choose ] Protects investors should a brokerage firm become insolvent Protects cash, stock, bonds, and mutual funds up to $500,000 and Insures deposits up to $250,000 per depositor, per legal account ownership, per financial institution - only applies to deposit protects consumers so they fully understand the terms of a loan Agency of the federal government that enforces federal securities laws, proposes new rules, and regulates the securities Prevent methods of competition in commerce - works for the consumer to prevent fraudulent, deceptive and unfair business Requires any new security to register with the SEC -regulates the primary market (first sale of stocks, bonds) Self-regulatory organization -regulates member brokerage firms and exchange markets Anyone who sells securities must protects consumer's information collected by the major credit bureaus