What Does the Security Exchange Commission Do?
The United States Securities and Exchange Commission (SEC) has existed since 1937. Its five Commissioners are appointed by the President and serve 5-year terms.
Other People Are Reading
-
Prosecuting Violators
-
The SEC prosecutes individuals and companies that violate the securities laws through actions like insider trading, or providing false information to investors.
Educating Investors
-
The SEC educates investors through its website and the EDGAR database, which holds the disclosure documents filed by public companies.
-
Maintaining Fair and Efficient Markets
-
The SEC oversees market entities such as securities exchanges and firms, self-regulatory organizations (SROs), clearing agencies, and credit rating agencies.
Regulating Investment Advisers
-
Companies or individuals who are paid for advice about securities investments must register with the SEC, and are regulated by them.
Requiring DIsclosure
-
The SEC keeps investors informed by requiring public companies to disclose information to the public.
-
