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What is the role of theSEC? A. To play a role of Walrasian auctioneer in security and commodity exchanges B. To verify that transactions on
What is the role of theSEC?
A.
To play a role of Walrasian auctioneer in security and commodity exchanges
B.
To verify that transactions on securities markets are conducted at a reasonable price
C.
To prevent fraud and promote equitable and fair operations in securities markets
D.
To provide liquidity to the markets that are too thin
E.
To limitbid-ask spreads on dealer markets
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