The Dodd-Frank Wall Street Reform and Consumer Protection Act was enacted in response to:

a) The 2008 financial crisis

b) The dot-com bubble burst

c) The Enron scandal

d) The passage of the Sarbanes-Oxley Act

66. Which of the following is an example of a derivative security?

a) Common stock

b) Corporate bond

c) Futures contract

d) Treasury bill

67. The Investment Advisers Act of 1940 primarily regulates:

a) The registration and conduct of investment advisers

b) The trading of securities on stock exchanges

c) The issuance of new securities

d) The enforcement of anti-fraud laws

68. A bear market is characterized by:

a) Rising stock prices and investor optimism

b) Falling stock prices and investor pessimism

c) Stable stock prices and low trading volumes

d) High inflation and economic expansion

69. The primary purpose of conducting due diligence on an investment is to:

a) Assess the investment's potential return

b) Determine the investment's risk level

c) Verify the accuracy of financial statements

d) Evaluate the qualifications of the investment manager