U.S. Securities and Exchange Commission: Difference between revisions
WikiSysopIG (talk | contribs) Created page with "The '''U.S. Securities and Exchange Commission''' ('''SEC''') is an independent agency of the federal government of the United States responsible for regulating the nation's securities markets, protecting investors, facilitating capital formation, and maintaining fair, orderly, and efficient financial markets. Established in 1934 under the Securities Exchange Act of 1934 in the aftermath of the Wall Street Crash of 1929 and the Great Depression, the Commissio..." |
WikiSysopIG (talk | contribs) m Text replacement - "New York" to "New York" |
||
| Line 3: | Line 3: | ||
The SEC administers and enforces a broad framework of federal securities laws, including the [[Securities Act of 1933]], the '''Securities Exchange Act of 1934''', the '''Investment Company Act of 1940''', the '''Investment Advisers Act of 1940''', the '''Sarbanes–Oxley Act of 2002''', and the '''Dodd–Frank Wall Street Reform and Consumer Protection Act'''. Its principal responsibilities include reviewing corporate disclosure filings, regulating securities offerings, supervising self-regulatory organizations, overseeing public company accounting standards, monitoring securities trading, investigating market misconduct, and pursuing civil enforcement actions against insider trading, securities fraud, market manipulation, accounting irregularities, and other violations of federal securities laws. The Commission also establishes disclosure requirements intended to ensure that investors receive accurate, timely, and material information. | The SEC administers and enforces a broad framework of federal securities laws, including the [[Securities Act of 1933]], the '''Securities Exchange Act of 1934''', the '''Investment Company Act of 1940''', the '''Investment Advisers Act of 1940''', the '''Sarbanes–Oxley Act of 2002''', and the '''Dodd–Frank Wall Street Reform and Consumer Protection Act'''. Its principal responsibilities include reviewing corporate disclosure filings, regulating securities offerings, supervising self-regulatory organizations, overseeing public company accounting standards, monitoring securities trading, investigating market misconduct, and pursuing civil enforcement actions against insider trading, securities fraud, market manipulation, accounting irregularities, and other violations of federal securities laws. The Commission also establishes disclosure requirements intended to ensure that investors receive accurate, timely, and material information. | ||
The SEC oversees numerous entities that form the infrastructure of the U.S. securities markets, including the [[New York Stock Exchange]], the [[Nasdaq Stock Market]], the [[Financial Industry Regulatory Authority]] (FINRA), clearing agencies, transfer agents, investment companies, and nationally recognized statistical rating organizations (NRSROs). The Commission also supervises the '''Public Company Accounting Oversight Board''' (PCAOB), which regulates the auditing of public companies, and administers the '''EDGAR''' (Electronic Data Gathering, Analysis, and Retrieval) system, through which publicly traded companies electronically submit financial statements, regulatory filings, and disclosure documents for public access. | The SEC oversees numerous entities that form the infrastructure of the U.S. securities markets, including the [[[[wikipedia:New York|New York]] Stock Exchange]], the [[Nasdaq Stock Market]], the [[Financial Industry Regulatory Authority]] (FINRA), clearing agencies, transfer agents, investment companies, and nationally recognized statistical rating organizations (NRSROs). The Commission also supervises the '''Public Company Accounting Oversight Board''' (PCAOB), which regulates the auditing of public companies, and administers the '''EDGAR''' (Electronic Data Gathering, Analysis, and Retrieval) system, through which publicly traded companies electronically submit financial statements, regulatory filings, and disclosure documents for public access. | ||
The U.S. Securities and Exchange Commission works closely with domestic and international regulatory bodies, including the [[Commodity Futures Trading Commission]] (CFTC), the [[Federal Reserve System]], the [[Financial Stability Oversight Council]] (FSOC), the [[International Organization of Securities Commissions]] (IOSCO), and the [[Financial Stability Board]] (FSB), to strengthen financial stability and coordinate cross-border regulatory initiatives. Through rulemaking, supervision, enforcement, investor education, and international cooperation, the SEC plays a central role in maintaining the integrity, transparency, and resilience of the United States capital markets, which constitute one of the largest and most influential financial systems in the world. | The U.S. Securities and Exchange Commission works closely with domestic and international regulatory bodies, including the [[Commodity Futures Trading Commission]] (CFTC), the [[Federal Reserve System]], the [[Financial Stability Oversight Council]] (FSOC), the [[International Organization of Securities Commissions]] (IOSCO), and the [[Financial Stability Board]] (FSB), to strengthen financial stability and coordinate cross-border regulatory initiatives. Through rulemaking, supervision, enforcement, investor education, and international cooperation, the SEC plays a central role in maintaining the integrity, transparency, and resilience of the United States capital markets, which constitute one of the largest and most influential financial systems in the world. | ||