What is a function of a mutual fund? Securities underwriting and securities brokerage. Protect individuals and corporations from adverse events. Provide FDIC insured savings accounts in a retirement program. Pool financial resources and invest in diversified portfolios of securities. Question 8 The Securities and Exchange Commission is responsible for: Helping companies in underwriting securities at the time of IPOs. Evaluating if the issuer has provided enough information to the general public. Using federal funds to control money supply in the economy for short term. Guaranteeing that the public issue is fairly priced