SEC
The U.S. Securities and Exchange Commission (SEC) is a federal regulatory agency tasked with overseeing and regulating the securities industry in the United States. Its primary objectives are to safeguard investors, foster fair and efficient markets, and facilitate the formation of capital.
The SEC enforces federal securities laws that govern the issuance and trading of securities like stocks and bonds. In addition to regulating securities exchanges, brokers, and investment advisors, the SEC scrutinizes financial disclosures, investigates potential violations of securities laws, and takes enforcement actions as needed. The SEC also establishes rules and standards to uphold the integrity and fairness of securities market.
The SEC is also involved in regulating and overseeing activities related to cryptocurrencies and initial coin offerings (ICOs). It has taken the position that some cryptocurrencies may be considered securities, subject to the existing securities laws and regulations in the United States.