The U.S. Securities and Exchange Commission (SEC) is an independent United States agency charged with protecting investors from fraud, maintaining the efficiency of securities markets, and helping to facilitate capital formation.
Included among the umbrellas are protecting the circulation of capital on the stock exchange and supervising capital market players, ranging from investors to financial services companies. Simply put, the SEC has a performance role that is almost similar to the Financial Services Authority (OJK) in Indonesia.
In general, shares that wish to be sold to the public, be it in the state or federal United States, must be registered with the SEC before being officially released. Likewise with finance, such as brokerage or asset management companies must first be registered with the SEC before officially offering their services to the public.
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What is SEC?
The U.S. Securities and Exchange Commission (SEC) is an independent United States agency charged with protecting investors from fraud, maintaining the efficiency of securities markets, and helping to facilitate capital formation.
Included among the umbrellas are protecting the circulation of capital on the stock exchange and supervising capital market players, ranging from investors to financial services companies. Simply put, the SEC has a performance role that is almost similar to the Financial Services Authority (OJK) in Indonesia.
In general, shares that wish to be sold to the public, be it in the state or federal United States, must be registered with the SEC before being officially released. Likewise with finance, such as brokerage or asset management companies must first be registered with the SEC before officially offering their services to the public.