Which of the following regarding the SEC under the Securities Exchange Act of 1934 are TRUE?
It regulates the securities exchanges.
It requires the registration of broker/dealers.
It prohibits inequitable and unfair trade practices.
It regulates over-the-counter markets.
A) I and II.
B) I and IV.
C) III and IV.
D) I, II, III and IV.
Answer: D) I, II, III and IV.