Task: Instance Description Understanding (ontology: Business_Finance/Financial_Industry_Business_Ontology)

Which of the following definitions best describes the instance 'Securities and Exchange Commission'?

A. the instance (FCA), an independent Federal agency that regulates and examines the banks, associations, and related entities of the Farm Credit System (FCS), including the Federal Agricultural Mortgage Corporation (Farmer Mac)
B. OTS, which is a part of the OCC, responsible for chartering, regulating, and supervising all federal savings associations
C. independent commission established by the Securities Act of 1933 and Securities Exchange Act of 1934 whose mission is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation
D. the instance (FDIC), which preserves and promotes public confidence in the U.S. financial system by insuring deposits in banks and thrift institutions for at least $250,000; by identifying, monitoring and addressing risks to the deposit insurance funds; and by limiting the effect on the economy and the financial system when a bank or thrift institution fails.

Answer: independent commission established by the Securities Act of 1933 and Securities Exchange Act of 1934 whose mission is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation