Securities and Exchange Commission
A term to know.
A government entity created by the Securities and Exchange Act of 1934 to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation. It is responsible to interpret federal securities laws; to issue new rules and amend existing rules; to oversee the inspection of securities firms, brokers, investment advisers, and ratings agencies; to oversee private regulatory organizations in the securities, accounting, and auditing fields; and to coordinate U.S. securities regulation with federal, state, and foreign authorities.