When and under what circumstance was the SEC founded?

1. Is NASDAQ a crossing market?
2. What are the two main mechanisms by which a privately held company can go public?
3. When and under what circumstance was the SEC founded?
4. Insider trading is a criminal offense. Does the SEC prosecute these charges?
5. What is the OTC market?
6. What are the three main types of investment companies as defined by the SEC? Which is the best deal in a perfect market?
7. If a firm repurchases 1% of its shares, does this change the capitalization of the stock market on which it lists? If a firm pays 1% of its value in dividends, does this change the capitalization of the stock market on which it lists?