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True or False: SEC Regulations

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True or False: SEC Regulations
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50 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The Securities and Exchange Commission (SEC) is responsible for regulating only private investments.

True

False

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Emilio Benito Aquino was the first CPA-Lawyer appointed as Chairperson and CEO of the SEC.

True

False

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The Chairperson of the SEC must be at least 30 years old.

True

False

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The SEC is composed of a Chairperson and five Commissioners.

True

False

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Republic Act 8799, also known as the Securities Regulation Code, governs the issuance and regulation of securities in the Philippines.

True

False

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The term of an SEC Chairperson and Commissioner is five years.

True

False

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The SEC has the power to issue cease and desist orders against fraudulent activities.

True

False

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