Securities Exchange Commission

Write a Review212-336-1100

The Securities and Exchange Commission, also known as SEC, was established in 1934 and is responsible for promoting stability in the market and enforcing securities laws. The commission oversees various market participants, including securities exchanges, brokers and dealers, investment advisors and mutual fund companies. It brings civil enforcement actions against individuals and companies for the violation of securities laws. In addition, the Securities and Exchange Commission is responsible for protecting investors from infractions, such as insider trading, accounting fraud, and false and misleading information. The commission requires public companies to file financial reports and disclose market-related information for maintaining fair dealing. It includes the Division of Corporation Finance and the Division of Trading and Markets. In addition, the commission maintains the EDGAR database. The Securities and Exchange Commission is an independent, federal agency that was established by the Securities Exchange Act of 1934.