SIE Exam Question 616: Answer and Explanation
Question: 616
Which of the following has the mission of protecting investors, municipal entities, and the public interest by promoting a fair and efficient municipal market, regulating firms that engage in municipal securities and advisory activities, and promoting market transparency?
- A. AMBAC
- B. FNMA
- C. GNMA
- D. MSRB
Correct Answer: D
Explanation:
The MSRB (Municipal Securities Rulemaking Board) has the mission of protecting investors, municipal entities, and the public interest by promoting a fair and efficient municipal market, regulating firms that engage in municipal securities and advisory activities, and promoting market transparency.
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