When a teenage girl asks her best friends for their opinions on a career opportunity, she is most likely seeking support from which of the following groups?

The Securities and Exchange Commission (SEC)

A) regulates both primary and secondary markets. B) regulates initial public offerings, but not seasoned equity offerings, in the primary market. C) regulates only initial public offerings, or IPOs. D) regulates only primary market transactions to ensure investors are provided with adequate and accurate information on new securities.

Annuity relationships result in the customer providing a short-term income stream to the provider

Indicate whether the statement is true or false