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The Securities and Exchange Commission (SEC) is empowered to do the following: a. Set reporting standards for firms with publicly traded debt or equity securities

The Securities and Exchange Commission (SEC) is empowered to do the following: a. Set reporting standards for firms with publicly traded debt or equity securities b. Bring enforcement actions against company executives and auditors for accounting related violations c. File anti-trust suits against companies involved in restraint of trade d. Both A and B are SEC powers e. All of the above are SEC powers

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