Homonym: SEC (Security)
The Securities and Exchange Commission (SEC) is a U.S. government agency responsible for regulating the securities industry. Its main goal is to protect investors, maintain fair markets, and facilitate capital formation. The SEC enforces laws against market manipulation and fraud, ensuring that companies provide accurate information to the public.
The SEC oversees the registration of securities, which includes stocks and bonds, and monitors the activities of broker-dealers, investment advisors, and other market participants. It also reviews corporate filings, such as annual reports, to ensure compliance with federal securities laws. This oversight helps maintain investor confidence in the financial markets.