Question

before a public corporation can issue stocks or bonds, it must register the issue with
its board of directors.
the federal reserve bank (fed).
the world bank.
the securities and exchange commission (sec).

Explanation:

In the U.S., public corporations are required by law to register securities (stocks, bonds) offerings with the SEC, which regulates such transactions to protect investors. The Board of Directors approves but does not handle registration; the Fed manages monetary policy, and the World Bank focuses on global development, not domestic securities registration.

Answer:

the Securities and Exchange Commission (SEC).