Respuesta :
It is TRUE that, The regulations instituted by the United States governmental organization known as the SEC make sure that managers do not misrepresent financial information.
And require that the accounts be audited by an independent, accredited accounting firm are also instituted in most other developed nations.
The U.S. Securities and Exchange Commission (SEC) is an independent federal government regulatory organization tasked with fostering capital formation, preserving the fair and orderly operation of the securities markets, and safeguarding investors. As the initial federal regulator of the securities markets, it was established by Congress in 1934. The Securities and Exchange Commission (SEC) supports complete public disclosure, defends investors from dishonest and market-manipulating actions, and keeps an eye on corporate takeover activities in the country. Additionally, it approves registration forms for bookrunners among underwriting companies.
In general, securities offerings made in interstate commerce, via mail, or online must be registered with the Securities and Exchange Commission (SEC) prior to being sold to investors.
Learn more about Securities and Exchange Commission (SEC), here
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