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Here you'll find links to a complete list of filings available through EDGAR and instructions for searching the EDGAR database.Who will win the SEC Men's Basketball Eastern Division title?PF
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Div.Get SI's LSU TIGERS Championship Package FREE!Terms under which this service is provided to you."Securities and Exchange Commission" redirects here.For other uses, see Securities and Exchange Commission (disambiguation).The SEC was created by section 4 of the Securities Exchange Act of 1934 (now codified as 15 U.Christopher Cox is the current chairman of the SEC.He was appointed by President George W.The main reason for the creation of the SEC was to regulate the stock market and prevent corporate abuses relating to the offering and sale of securities and corporate reporting.To achieve its mandate, the SEC enforces the statutory requirement that public companies submit quarterly and annual reports, as well as other periodic reports.Unlike banking, investment in the capital markets is not guaranteed by the federal government.The potential for big gains needs to be weighed against equally likely losses.Mandatory disclosure of financial and other information about the issuer and the security itself gives private individuals as well as large institutions the same basic facts about the public companies they invest in, thereby increasing public scrutiny while reducing insider trading and fraud.The SEC makes reports available to the public via the EDGAR system.The same online system also takes tips and complaints from investors to help the SEC track down violators of the securities laws.Blue Sky Laws, which were enacted and enforced at the state level.The subsequent Securities Exchange Act of 1934 (15 U.Section 4 of the 1934 Act created the U.Both laws are considered part of Franklin Roosevelt's "New Deal" raft of legislation.Its goal is to increase public trust in the capital markets by requiring uniform disclosure of information about public securities offerings.Interestingly, the first, rejected draft of the Securities Act written by Samuel Untermyer vested these powers in the U.Post Office, because Untermyer believed that only by vesting enforcement powers with the postal service could the constitutionality of the act be assured.This act regulates secondary trading between individuals and companies which are often unrelated to the original issuers of securities.National Association of Securities Dealers (NASD), the Municipal Securities Rulemaking Board (MSRB), online trading platforms such as NASDAQ and ATS, and any other persons (e.Structure
Headquartered in Washington, D.Their terms last five years and are staggered so that one Commissioner's term ends on June 5 of each year.The President also designates one of the Commissioners as Chairman, the SEC's top executive.Within the SEC, there are four divisions, 18 offices and approximately 3,100 staff.The SEC's four main divisions are: Corporation Finance, Trading and Markets, Investment Management, and Enforcement.The division is also responsible for operating EDGAR.Individuals trading securities must pass exams administered by FINRA to become registered representatives.The Investment Management Division oversees investment companies (such as mutual funds) and investment advisers.Commission on adapting SEC rules to new circumstances.The Enforcement Division works with the other three divisions, and other Commission offices, to investigate violations of the securities laws and regulations and to bring actions against alleged violators.The SEC generally conducts investigations in private.The SEC's staff may seek voluntary production of documents and testimony, or may seek a formal order of investigation from the SEC, which allows the staff to compel the production of documents and witness testimony.District Court or an administrative proceeding which is heard by an independent administrative law judge (ALJ).The Office of the Chief Accountant, which establishes and enforces accounting and auditing policies set by the SEC.Relationship to other agencies
In addition to working with various SROs such as NYSE and NASD, the Securities and Exchange Commission also works with other federal agencies, state securities regulators and law enforcement agencies.In 1988 Executive Order 12631 established the President's Working Group on Financial Markets.The Securities Act of 1933 was originally administered by the Federal Trade Commission (FTC).The Securities Exchange Act of 1934 transferred this responsibility from FTC to the SEC.The main mission of the FTC is to promote consumer protection and to eradicate anticompetitive business practices.The FTC regulates general business practices, while the SEC focuses on the securities markets.The committee was defunded in 1941, but its records are still under seal by order of the SEC.The MSRB is monitored by the SEC, but the MSRB does not have the authority to enforce its rules.An analysis in May 2006 of regulatory filings over the prior 12 months indicates, however, that the SEC has not accomplished what it said it would do.We expect a significant number of new postings in the coming months."SEC staff indicating that the staff will not recommend to the Commission that the SEC undertake enforcement action against a person or company if that entity engages in a particular action.These letters are sent in response to requests made when the legal status of an activity is not clear.Kennedy, to serve as the first Chairman of the SEC.Gretchen Morgenson: "Deafened by the S.Silence, He Sued", New York Times, May 28, 2006, section 3, p.SEC
Association of Securities and Exchange Commission Alumni, Inc.Search by Name, Industry, Business, SIC Code, Area Code,Topic, CIK, Accession Number, File Number, Date, ZIP, ...
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