Every day there is news about the SEC, but do you know what the SEC is? Learn a little about it.
The United States Securities and Exchange Commission (SEC) was created in 1934, following the Great Depression, with the primary goal of restoring investor confidence in the stock market. The SEC is responsible for regulating the stock, bond, and derivatives markets, ensuring that companies disclose accurate and timely information to investors. The agency also combats fraud and market manipulation, protecting investors from illegal practices. Over the years, the SEC has expanded its responsibilities to include regulating mutual funds, investment advisers, and online trading platforms. The SEC plays a critical role in maintaining the integrity and transparency of financial markets in the United States.
In short, the SEC was created to protect investors, ensure market transparency, and combat fraud.
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