Securities and Exchange Commission (SEC)

[suh-KYUR-ih-teez and eks-CHAYNJ kuh-MISH-uhn]

What is the definition of Securities and Exchange Commission (SEC)?
A U.S. federal agency responsible for enforcing the federal securities laws, proposing securities rules, and regulating the securities industry, including the nation's stock and options exchanges.
Using Securities and Exchange Commission (SEC) in an Example

The Securities and Exchange Commission (SEC) plays a crucial role in maintaining fair and orderly functioning of the securities markets, protecting investors against fraud, and ensuring that corporate information disclosed to the public is accurate and reliable.

Using Securities and Exchange Commission (SEC) in a sentence

After discovering discrepancies in the financial reports, the company was investigated by the Securities and Exchange Commission (SEC) for potential violations of disclosure regulations.

Related Terms

Surviving Spouse

A person whose spouse has died within the tax year and who may file a joint tax return for that year. Additionally, the surviving spouse can file joint returns for the next two years if they remain unmarried and maintain a household as the principal residence for a dependent child.

Swap

A financial contract in which two parties agree to exchange streams of payments over a specified period, based on different indices such as interest rates, foreign exchange rates, or equity indices, applied to a notional amount. Swaps typically do not involve the exchange of principal.

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