which statement explains a way how the securities and exchange commission upholds fair business…

which statement explains a way how the securities and exchange commission upholds fair business practices?\nthe sec makes sure that banks follow federal laws.\nthe sec tries to limit risk in the financial system.\nthe sec generally oversees banking practices.\nthe sec generally oversees financial advisers.

which statement explains a way how the securities and exchange commission upholds fair business practices?\nthe sec makes sure that banks follow federal laws.\nthe sec tries to limit risk in the financial system.\nthe sec generally oversees banking practices.\nthe sec generally oversees financial advisers.

Answer

Brief Explanations:

The SEC (Securities and Exchange Commission) is mainly focused on overseeing the securities - related activities. Overseeing financial advisers is one of its key functions to ensure fair business practices in the securities market. While banks are regulated by other entities like the Federal Reserve for some aspects, and limiting risk in the financial system is a broader function that may involve multiple regulators. Overseeing banking practices is not the main role of the SEC.

Answer:

The SEC generally oversees financial advisers.