Sarbanes Oxley Act of 2002

The US Securities and Exchange Commission (SEC) is the US federal agency that holds the primary mandate to enforce federal securities laws and regulations to control the securities industry and the country’s stock exchange and regulation of all activities and organizations including the US electronic securities market. The SEC is committed to promoting a market environment that yields public trust characterized by integrity to attain its mission of protecting investors through maintenance of fair and efficient markets through facilitation of capital information (Basagne, 2010). The SEC financing is a major area of focus since there has been major concern regarding the SEC agency financing and whether they utilize the

The Securities and Exchange Commission has the mission of protecting investors by maintaining fair, orderly and efficient markets. The SEC does this in a number of ways, and firms need to pay attention to these ways in order to ensure SEC compliance. The SEC has enforcement authority over a number of areas related to the nation's capital markets, including insider trading, accounting fraud, and providing false information. The SEC's jurisdiction extends to all securities that are traded publicly. Privately-held companies do not need to register with the SEC (SEC.gov, 2012).

The Security and Exchange Commission is the organization who monitors fraudulent transactions and insider trading. Some experts in ethical behavior consider inside trading the most dramatic form of utilitarian ethics.

"Federal regulatory agencies have been created over the life of the United States to deal with specific issues that affect citizens of all states or industries that engage in business across state boundaries. Federal regulatory agencies generate and enforce rules" (eHow Money). The law dictates their work. Regulatory agencies enforce federal laws and generate rules. These rules are necessary for effective enforcement.

The SEC was created to help investors get reliable information about the company they are investing in. The Securities Act of 1933 requires most companies planning to issue new securities to the public to submit a registration statement to the SEC for approval. The Securities Exchange Act of 1934 provides additional protection by requiring public companies and others to file detailed annual reports with the commission. The SEC follows the GAAP’s reporting requirement for financial statements. As for Smackey Dog Food they are a

The effects of the economic market crash of 1929 appeared in how the public sustained severe losses at the hands of securities traders and corporations. With the unmistakable need to restore financial specialist trust in the securities market President Roosevelt pushed for a huge securities regulation and the creation of the Securities Act of 1933 sprouted along with the approval of Congress. Then in a year later in 1934 Congress observed the need to make modifications to the 1933 Act by establishing an independent governmental regulatory body the Securities and Exchange Commission (SEC). The SEC main responsibility came to be to ensure and protect the public against malpractices in the securities and financial markets. As the years passed businesses and technology advances developed and the economic market expanded. With the economy market positive rise many companies needed to keep up and acted upon fraudulent acts in order to stay in the business competition. Companies acted fraudulent by “cooking the books” in recording

Although only required to discuss two associations this writer thought it was important to discuss the SEC as they are directly connected to FINRA in that they take litigation cases, and fraud cases from FINRA and follows up on whether any security laws or criminal laws were broken. Once they investigate the wrong doing they proceed with the corrective action that best suits the offense not excluding criminal prosecution and jail time. According to the Securities and Exchange Commission (2014) website the mission of the SEC is to “protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation”. The SEC was created to ensure that all investors big or small have a fair and unbiased account of a

The SEC is the administrative agency responsible for regulating the sale of securities under both the 1933 and 1934 acts (Jennings, 2012). The Sec is responsible for issuing injunctions, institute criminal proceeding; bring civil suits and etc. (Jennings, 20104). The SEC gives organizations exemptions such as the Exempt Securities, Exempt Transactions and the offering of securities.

“The Act reviews the powers and structure of the Securities and Exchange Commission (SEC), credit rating organizations, and the relationships between customers and broker-dealers or investment advisers” (David S. Huntington, Paul, Weiss, Rifkind, Wharton & Garrison LLP, 2010). It provides corporate governance and executive compensation reforms, such as proxy access, chairman and CEO disclosures, broker discretionary voting (Corporate Governance); say-on-pay, say-on-golden parachutes, broker discretionary, compensation committees, executive compensation claw backs (Executive compensation). In order to be active and operational, these provisions require further action by the SEC, the stock exchanges or other regulators except the say-on-pay, say-on-golden parachute and broker discretionary voting requirements. Most of

The Securities Exchange Commision; also known as the SEC or the watchdogs of wall street, has many purposes to having established its government department. As first time investors turn to the markets seeking to secure their futures or even just financial growth, the SEC’s Investor protection mission becomes fascinating. Ironically, the stock itself isn't the only risky factor in today's marketplace. As the SEC oversees key participants in the securities world; their mission is to protect investors, maintain fair, orderly, and efficient markets; and facilitate capital formation.

The U.S. Securities and Exchange Commission that was established in 1934 by the United States Congress as an independent, quasi-judicial regulatory agency following the Crash of 1929. The SEC is a federal agency that serves the purpose of administrating and enforcing when necessary federal securities laws that were put in place to protect investors. A further look at what the SEC is and how it is structured will be explained in this paper. Also a look at the federal laws that the SEC administers and enforces will be divulged to further emphasize what the SEC is as well as what it does.

Broker-dealers are specialized financial services companies that trade securities for their own account or on behalf of their customers. Broker-dealers are regulated under the Securities Exchange Act by the Securities Exchange Commission (SEC), a unit of the US government. Some regulatory authority is further delegated to the Financial Industry Regulatory Authority (FINRA), a self-regulatory organization. Many states also regulate broker-dealers under separate state securities laws known as “blue sky” laws.

Securities regulations began when Congress enacted the Securities Act of 1933 in reaction to the 1929 Stock Market Crash—the infamous start of the Great Depression. The legislature created the 1933 Act to safeguard the economy from experiencing another event like the Great Depression. The objective of the Securities Act of 1933 was to “require that investors receive financial and other significant information concerning securities being offered for public sale; and prohibit deceit, misrepresentations, and other fraud in the sale of securities.” In other words, the Securities Act of 1933 required issuers to fully disclose all material information that a reasonable shareholder would require in order to make up his or her mind about a potential investment. The Act focuses on governing offerings by issuers and creating transparency between issuers and investors so that investors receive more protection than prior to the Act.

Whatever regulatory framework is used, be it administered by the profession or government, it must give the regulator appropriate incentives to act in the public interest. Regulators must have a clear, overarching purpose and the ability to resist any moves towards regulation that are self-interested or motivated by special interest groups.

SEC is the Securities and Exchange Commission (SEC) which is a government agency for which companies have to submit an open evaluation of their business models and marketplace conditions.