The Securities and Exchange Commission decides to create a new rule relating to the dissemination of material nonpublic information through corporate Web sites. The first step is:

a. compile the rule with others in the Code of Federal Regulations.
b. conduct an on-site inspection.
c. publish a notice of the proposed rulemaking.
d. solicit public comment.

Respuesta :

Answer:

c. publish a notice of the proposed rulemaking.

Explanation:


Administrative  Procedure  Act  (APA) requires every agency to  follow  a transparent public  process  when  they  decide to create new  regulations. This process includes publishing  a  notice of the proposed rulemaking in the Federal Registry.

The agencies must publish the notice to announce and explain the proposed plan and aims of the new rule. This is done in order to notify the citizens and give them the opportunity to  
submit  feedbacks or recommendations before it is implemented.