The Securities and Exchange Commission (SEC) is an independent federal government agency responsible for protecting investors and maintaining the integrity of the securities markets. It does this by requiring public companies to disclose important financial information to the public and enforcing federal securities laws.
The Securities and Exchange Commission (SEC) is an independent federal agency that is responsible for protecting investors and maintaining the integrity of the securities markets. The SEC was created in 1934 as part of the New Deal legislation to regulate the securities markets and protect investors from fraud and other abuses. The SEC is responsible for enforcing the federal securities laws, which are designed to promote full disclosure and protect investors against manipulation and fraud.
The SEC has a wide range of responsibilities, including registering and regulating securities offerings, enforcing the federal securities laws, and overseeing the activities of the securities markets. The SEC also has the authority to investigate potential violations of the securities laws and to bring civil and criminal enforcement actions against those who violate the law. The SEC also works to educate investors about the risks associated with investing in the securities markets.
The SEC is composed of five commissioners, who are appointed by the President and confirmed by the Senate. The commissioners serve staggered five-year terms and are responsible for setting the agency’s policies and regulations. The SEC is also supported by a staff of attorneys, accountants, economists, and other professionals.
The SEC’s mission is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation. The SEC works to ensure that investors have access to accurate and timely information about the companies they are investing in, and that the markets are free from fraud and manipulation. The SEC also works to ensure that investors are treated fairly and that their investments are protected.