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Which of the following is not true of Commissioners on the SEC? They convene regularly and their meetings are closed to the public. One of

Which of the following is not true of Commissioners on the SEC?

  • They convene regularly and their meetings are closed to the public.
  • One of them is chosen by the President to serve as Chairman.
  • They serve in staggered five-year terms.
  • They are appointed by the President.

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