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The Securities Exchange Commission (SEC) was created in the 1930s to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital information. The SEC

The Securities Exchange Commission (SEC) was created in the 1930s "to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital information." The SEC issues rules, conducts hearings to determine whether individuals have violated the securities laws, and enforces penalties for violations of the law. From a separations of powers perspective, discuss the constitutionality of this federal agency

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