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FINRA Securities Industry Essentials Exam (SIE) SIE Question # 78 Topic 8 Discussion

FINRA Securities Industry Essentials Exam (SIE) SIE Question # 78 Topic 8 Discussion

SIE Exam Topic 8 Question 78 Discussion:
Question #: 78
Topic #: 8

The SEC is Investigating an individual who Is potentially trading with material nonpublic Information concerning their former employer. Which of the following statements describes the authority, if any, that the SEC has?


A.

The SEC has the authority to file civil charges only.


B.

The SEC has the authority to file criminal charges only.


C.

The SEC has the authority to file civil and criminal charges.


D.

The SEC does not have the authority to file charges, only to issue fines and restitution.


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