Which IOSCO principle emphasizes that regulators should have comprehensive inspection, investigation, and surveillance powers to enforce securities laws effectively?
- Principle of Transparency
- Principle of Regulatory Powers
- Principle of Market Efficiency
- Principle of Investor Education
Answer: Principle of Regulatory Powers
IOSCO's Principles stress that regulators need adequate legal authority, resources, and operational independence to conduct inspections, compel information, investigate violations, and impose sanctions. Effective enforcement deters misconduct and maintains market integrity and investor confidence.