What is SEC's Role in Business Regulations?
A. Introduction
"The primary mission of the U.S. Securities and Exchange Commission (SEC) is to protect investors and maintain the integrity of the securities markets. As more and more first-time investors turn to the markets to help secure their futures, pay for homes, and send children to college, these goals are more compelling than ever" ("The Investor's Advocate").
The investing world is a complex environment not easy to understand. Stocks and Bonds are volatile valuables that can loose value rapidly. That's is why the SEC, in Section 10 (b) and 20 of the 1934 Act and Rule, was given power to prohibit executives and companies from engaging in fraudulent actions and to hide relevant financial information that would have a potential harmful affect on the stock price and other relevant financial indicators. In addition, the SEC also encourages companies to disclose all the financial information relevant to the public and potential......
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Approximate Word Count: 881
Approximate Pages: 4 (260 words per double-spaced page) |