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Which of the following statements are true about the Securities & Exchange Act of 1934 ? ( choose the correct answer from the list below;

Which of the following statements are true about the Securities & Exchange Act of 1934? (choose the correct answer from the list below; only ONE answer is correct)

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It made the ratings agencies Nationally Recognized Statistical Rating Organizations, and required them to register with the SEC..

It established the regulation of mutual funds and other companies which are primarily engaged in investing and/or trading in securities.

It created the Financial Industry Regulatory Authority (FINRA).

It created the Securities & Exchange Comission (SEC) and made it the main agency resposible for regulating the securities industry.

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