Question
Here is the question : WHAT DOES “SEC” STAND FOR?
Option
Here is the option for the question :
- Supply and Equities Corporation
- Securities and Exchange Commission
- Stock Exchange Company
- Southeastern Conference
The Answer:
And, the answer for the the question is :
Explanation:
In the United States, the Securities and Exchange Commission (SEC) is in charge of regulating the financial markets. The Securities and Exchange Commission (SEC) was established at the height of the Great Depression to restore investor faith in the financial markets and deter rulebreakers.
The Securities and Exchange Commission (SEC) is a regulatory agency in the United States that is responsible for enforcing federal securities laws and regulating the securities industry. The SEC was established by Congress in 1934 as part of the Securities Exchange Act, in response to the stock market crash of 1929 and the Great Depression.
The primary mission of the SEC is to protect investors and maintain fair, orderly, and efficient markets. To achieve this goal, the SEC has a number of responsibilities, including:
Regulating the securities industry: The SEC is responsible for regulating the securities industry, including broker-dealers, investment advisers, and securities exchanges. The SEC works to ensure that these entities comply with federal securities laws and adhere to high standards of conduct.
Enforcing securities laws: The SEC has the power to investigate and prosecute violations of federal securities laws. This includes insider trading, accounting fraud, and other types of securities fraud.
Providing investor education: The SEC provides a wide range of resources to help investors better understand the securities industry and make informed investment decisions. This includes educational materials, online tools, and investor alerts.
Promoting transparency: The SEC works to promote transparency in the securities industry by requiring companies to disclose information about their financial performance and operations. This allows investors to make informed decisions about whether to invest in a particular company or security.
The SEC has a wide range of tools and resources at its disposal to carry out its mission. These include the ability to issue rules and regulations, conduct investigations, bring enforcement actions, and work with other regulatory agencies and law enforcement entities.
the Securities and Exchange Commission plays a critical role in protecting investors and maintaining the integrity of the securities industry. By regulating and enforcing federal securities laws, promoting transparency, and providing investor education, the SEC helps to ensure that the securities industry operates in a fair, efficient, and transparent manner.