Sec 430
The three roles of the SEC are protection, fairness and capital formation.
Sec430 - business charts with sell? image by Andrew Brown from Fotolia.com The Security and Exchange Commission (SEC) of the United States was formed by the 1934 Securities Exchange Act. It was passed during the Great Depression with the aim of restoring consumer confidence in the investors' markets by ensuring they operated fairly and that plentiful and truthful investment information was provided to the public. According to the SEC's official website, the three primary roles of the SEC are protecting investors, maintaining fair and efficient markets and facilitating capital formation.
Protect Investors
Sec 430 - The SEC oversees the actions of self-regulatory organizations (SROs) designed to establish and enforce rules of operation of their member institutions: publicly held corporations, investment companies, investment advisers, stock brokers and public utilities. These SROs include the stock exchanges, the Municipal Securities Rule Making Board (MSRB), the National Association of Securities Dealers (NASD) and the Financial Industry Regulatory Authority (FInRA).
Hrm420 - The addition of the Investment Advisers Act of 1940 provides additional protection from fraudulent advisers and brokers. It requires that everyone receiving compensation for investment advice must be registered with the SEC. If any statute is violated, the SEC can revoke the adviser's registration.
Hrm 420 - The SEC's Division of Corporation Finance is chared with ensuring the disclosure of accurate and timely corporate information to investors.
Maintain Fair and Efficient Markets
The SEC's Division of Trading and Markets is charged with maintaining organized, evenhanded and proficient securities markets. The division's staff monitors the daily operations of the individuals and organizations involved in the securities markets. These entities include the stock exchanges, the SROs mentioned previously and securities firms.
Sec 430
Sec430 - business charts with sell? image by Andrew Brown from Fotolia.com The Security and Exchange Commission (SEC) of the United States was formed by the 1934 Securities Exchange Act. It was passed during the Great Depression with the aim of restoring consumer confidence in the investors' markets by ensuring they operated fairly and that plentiful and truthful investment information was provided to the public. According to the SEC's official website, the three primary roles of the SEC are protecting investors, maintaining fair and efficient markets and facilitating capital formation.
Protect Investors
Sec 430 - The SEC oversees the actions of self-regulatory organizations (SROs) designed to establish and enforce rules of operation of their member institutions: publicly held corporations, investment companies, investment advisers, stock brokers and public utilities. These SROs include the stock exchanges, the Municipal Securities Rule Making Board (MSRB), the National Association of Securities Dealers (NASD) and the Financial Industry Regulatory Authority (FInRA).
Hrm420 - The addition of the Investment Advisers Act of 1940 provides additional protection from fraudulent advisers and brokers. It requires that everyone receiving compensation for investment advice must be registered with the SEC. If any statute is violated, the SEC can revoke the adviser's registration.
Hrm 420 - The SEC's Division of Corporation Finance is chared with ensuring the disclosure of accurate and timely corporate information to investors.
Maintain Fair and Efficient Markets
The SEC's Division of Trading and Markets is charged with maintaining organized, evenhanded and proficient securities markets. The division's staff monitors the daily operations of the individuals and organizations involved in the securities markets. These entities include the stock exchanges, the SROs mentioned previously and securities firms.
Sec 430