Triple

Given a phrase, classify it is english named entity (e.g., persons, organizations, works of art) in Latin script, or not (e.g., literals, dates, URLs, verbose phrases). For disambiguation, the statement where the phrase occurs as object is also given. Please return a JSON object with `phrase` (string, the phrase being analyzed) and `is_ne` (boolean, indicating whether the phrase is a Named Entity).

Phrase: Pecora hearings on Wall Street practices | Statement: [Creation of the Securities and Exchange Commission, influencedBy, Pecora hearings on Wall Street practices]

Target entity: Pecora hearings on Wall Street practices
Context triple: [Creation of the Securities and Exchange Commission, influencedBy, Pecora hearings on Wall Street practices]

• A. Creation of the Securities and Exchange Commission
  The Creation of the Securities and Exchange Commission was a landmark New Deal reform that established a federal agency to regulate U.S. financial markets and restore investor confidence after the 1929 stock market crash.
• B. Rockefeller Commission
  The Rockefeller Commission was a 1975 U.S. presidential commission that investigated illegal domestic activities of the CIA and helped expose widespread intelligence abuses.
• C. Kefauver Committee
  The Kefauver Committee was a U.S. Senate investigative committee in the early 1950s that exposed organized crime’s influence in American politics and business through nationally televised hearings.
• D. Sarbanes
  Sarbanes is the surname of Paul Sarbanes, the long-serving U.S. senator from Maryland best known for co-authoring the Sarbanes–Oxley corporate accountability law.
• E. Wickersham Commission
  The Wickersham Commission was a presidentially appointed body in the early 1930s that investigated U.S. law enforcement and criminal justice, including the effects of Prohibition, and issued influential reports highlighting widespread corruption and abuses.
• F. None of above. chosen
• G. Unsure - the case is ambiguous/there is not enough information to decide.

Generate a one-sentence description of the target entity. 
You are given a context triple in the form (subject, predicate, object), where the object is the target entity. 
# Instructions
Use the triple to infer relevant information about the entity. Describe the entity based on what is most defining, well-known. 
Avoid repeating the information from the triple, unless really essential.
# Response Format
Return only the sentence: "Description: [one-sentence description of the target entity]"

Entity: Pecora hearings on Wall Street practices
Triple: [Creation of the Securities and Exchange Commission, influencedBy, Pecora hearings on Wall Street practices]

The Pecora hearings on Wall Street practices were a series of early 1930s U.S. Senate investigations into stock market abuses and financial corruption that exposed widespread misconduct in the banking industry and helped spur major New Deal financial reforms.

Target entity: Pecora hearings on Wall Street practices
Target entity description: The Pecora hearings on Wall Street practices were a series of early 1930s U.S. Senate investigations into stock market abuses and financial corruption that exposed widespread misconduct in the banking industry and helped spur major New Deal financial reforms.

• A. Creation of the Securities and Exchange Commission
  The Creation of the Securities and Exchange Commission was a landmark New Deal reform that established a federal agency to regulate U.S. financial markets and restore investor confidence after the 1929 stock market crash.
• B. Rockefeller Commission
  The Rockefeller Commission was a 1975 U.S. presidential commission that investigated illegal domestic activities of the CIA and helped expose widespread intelligence abuses.
• C. Kefauver Committee
  The Kefauver Committee was a U.S. Senate investigative committee in the early 1950s that exposed organized crime’s influence in American politics and business through nationally televised hearings.
• D. Sarbanes
  Sarbanes is the surname of Paul Sarbanes, the long-serving U.S. senator from Maryland best known for co-authoring the Sarbanes–Oxley corporate accountability law.
• E. Wickersham Commission
  The Wickersham Commission was a presidentially appointed body in the early 1930s that investigated U.S. law enforcement and criminal justice, including the effects of Prohibition, and issued influential reports highlighting widespread corruption and abuses.
• F. None of above. chosen