Why was the securities and exchange commission created by, Operation Management

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Why was the securities and exchange commission created by

Why was the Securities and Exchange Commission created by Congress? What are the general purposes of securities regulation?

Note that the 1933 Act requires that every offering of securities be registered with the SEC prior to any other offer or sale of the securities, unless the offering or the securities are exempt from registration. List securities exempted from the registration requirements of the 1933 Act, and give an example of each.

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