SIE Exam Practice Question 487
Question: 487
Which act gave the NASD (now part of FINRA) the authority to regulate the OTC market?
Correct Answer: C
Explanation:
C: The Maloney Act of 1938 was an amendment to the Securities Exchange Act of 1934 and established the NASD (now part of FINRA) as the self-regulatory organization for the over-the-counter market.
More Tests
- SIE Exam Practice Test 1
- SIE Exam Practice Test 2
- SIE Exam Practice Test 3
- SIE Exam Practice Test 4
- SIE Exam Practice Test 5
- SIE Exam Practice Test 6
- SIE Exam Practice Test 7
- SIE Exam Practice Test 8
- SIE Exam Practice Test 9
- SIE Exam Practice Test 10
- SIE Exam Practice Test 11
- SIE Exam Practice Test 12
- SIE Exam Practice Test 13
- SIE Exam Practice Test 14
- SIE Exam Practice Test 15
- SIE Exam Practice Test 16
- SIE Exam Practice Test 17
- SIE Exam Practice Test 18
- SIE Exam Practice Test 19
- SIE Exam Practice Test 20