HomeGlossarySecurities and Exchange Commission (SEC)
Securities and Exchange Commission (SEC)
U.S. regulator of public securities markets—disclosure, enforcement against fraud, and oversight of exchanges and key market participants.
Born of New Deal securities laws, the SEC aims to protect investors and maintain fair, orderly markets. Rulemaking spans accounting standards implementation, mutual-fund governance, and, episodically, derivatives and money-market fund reform after crises.
Economists debate whether disclosure-centric regimes suffice versus structural limits on leverage and complexity.
Financial-regulation cluster
Works alongside banking regulation and financial-crisis vocabulary—not a bank prudential supervisor but central to capital-market integrity.