Securities and Exchange Commission

The Securities and Exchange Commission (SEC) is a governmental organization created by Congress. The purpose of the SEC is to protect investors and to keep securities markets fair and functional. The SEC advocates for full disclosure to the public, protects investors from fraudulent and manipulative practices, and oversees corporate takeovers that occur within the U.S. To explore this concept, consider […]

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Sarbanes Oxley Act

The Sarbanes-Oxley Act is a federal law that was enacted on July 30, 2002 in reaction to the major corporate scandals that were going on at that time, such as that which involved the infamous Enron. Included in the bill are responsibilities entrusted to the boards of directors for public corporations, along with the criminal penalties that can be enforced […]

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