USA HISTORY

Detailed explanation-1: -In order to restore public and investor confidence in the stock market, the SEC was formed to protect investors through the regulation and enforcement of new securities laws that deterred stock manipulation. The agency still carries out this mission today.

Detailed explanation-2: -The Securities and Exchange Commission oversees securities exchanges, securities brokers and dealers, investment advisors, and mutual funds in an effort to promote fair dealing, the disclosure of important market information, and to prevent fraud.

Detailed explanation-3: -Who Is the SEC Accountable to? The SEC is an independent federal agency that is headed by a bipartisan five-member commission, comprised of the Chairman and four Commissioners who are appointed by the President and confirmed by the U.S. Senate.

Detailed explanation-4: -The SEC protects investors, promotes fairness in the securities markets, and shares information about companies and investment professionals to help investors make informed decisions and invest with confidence.

Detailed explanation-5: -The SEC is an independent federal agency, established pursuant to the Securities Exchange Act of 1934, headed by a five-member Commission. The Commissioners are appointed by the President and confirmed by the Senate.