What is Securities and Exchange Commission?
Often referred to as 'SEC', Securities and Exchange Commission of a country is the primary authoritative body for regulating the 'Securities' market. It's an affiliation of the respective country's government, to design and enforce rules and regulations, monitor the Securities market and implement necessary changes.
The SEC is incorporated under the Section 4 of the Securities Act of 1934.
SEC is responsible for monitoring over the Stock market/Share market, Treasury Bonds, Treasury Bills, Bank-Notes, Forward Contracts, Futures, Debentures, Foreign Exchange Market (FOREX) etc.
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