The Investment Company Act of 1940 regulates the activities of:

	A.	Banks.
	B.	Financial planning services.
	C.	Insurance companies.
	D.	Mutual funds.

What is the primary mission of the PCAOB?

	A.	Develop the regulations that publicly traded companies must follow.
	B.	Develop generally accepted accounting principles for public companies.
	C.	Identify and prosecute those who manipulate accounting earnings.
	D.	Establish audit standards and monitor auditing firms.

1. The Public Utility Holding Company Act of 1935 requires public utility holding companies to:

   	A.	Reorganize when dictated by the public interest.
   	B.	Set rates based on documented costs.
   	C.	Issue only common stock to the public.
   	D.	Pay fees to the SEC as a percentage of income.