SIE Exam Question 767: Answer and Explanation

Question: 767

Which of the following acts is credited with forming the Municipal Securities Rulemaking Board (MSRB)?

  • A. Securities Investor Protection Act of 1970
  • B. Securities Act Amendments of 1975
  • C. Uniform Prudent Investors Act of 1994
  • D. National Securities Market Improvement Act of 1996

Correct Answer: B

Explanation:

The Securities Act Amendments of 1975 created the Municipal Securities Rulemaking Board (MSRB).

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