The Securities and Exchange Commission, a federal body established by the United States Congress, to protect investors in the U.S. In Canada there is no national regulatory authority, instead, securities legislation is provincially administrated.
What is the SEC?
The SEC (Securities and Exchange Commission) is an independent federal agency of the United States government responsible for enforcing federal securities laws and regulating the securities industry. The SEC’s mission is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation. The SEC oversees various aspects of the securities industry, including the registration and issuance of securities, the reporting and disclosure of financial information by public companies, and the conduct of securities brokers and dealers. The SEC also investigates potential violations of federal securities laws and brings enforcement actions against individuals or entities that engage in fraud or other illegal activities in the securities markets.
