Question

Congress enacted legislation in 1933 to regulate the securities industry and prohibit various forms of fraud with securities. The Securities Exchange Act of 1934 was passed a year later. This law created the Securities and Exchange Commission (SEC) as an independent regulatory entity whose function is to administer the two laws. The SEC has generated rules and regulations to administer these acts. These rules and regulations are _______.

Answer 1

Answer:

administrative law

Explanation:

Administrative law -

It refers to the system of the government , which is responsible to control all the rules and regulations of the administrative agencies of the government of a specific country , is referred to as administrative law.

There activity includes , making rules and regulation , and making sure they are followed , application of any act or agenda etc.

They are responsible for the decision making in the fields of -

broadcasting , tax , international and domestic trades , police laws , transport etc.

Hence , from the given information of the question ,

The correct term is administrative law .