What Does the Securities and Exchange Commission Do?
The Securities and Exchange Commission, commonly called the SEC, is responsible for overseeing and regulating the stock markets and investing process in America. Their mission is to protect the interests of investors, whether individuals or businesses, and maintain markets and further the building of capital. Because the SEC creates and enforces the regulations that govern the trade and sale of publicly-held companies’ stock, it is imperative for a business, newly formed or otherwise, to understand the role that the SEC plays and its responsibilities.
At Texas Legal Entities, our Texas LLC formation specialists have made it their priority to understand the many intricacies of forming a business, including the laws to which your compare must adhere. When you need Texas business formation advice, contact us at 512-472-2431.
Responsibilities of the SEC
The SEC has a number of duties that they are responsible of discharging, including:
- Creating new regulations and revising or omitting old ones
- Interpreting and applying federal securities laws
- Ensure that federal, state, and foreign authorities are working together to regulate securities
- Inspecting securities firms, brokers, ratings agencies, and investment advisors
- Watching over private organizations that regulate in the field, such as accounting and auditing
Understanding the laws and rules that the SEC implements is vital to the success of a publicly-owned company, as violating the laws could bring a number of serious penalties.
Contact Us
If you are looking to create your own business or LLC, we can help you understand the laws and regulations that apply to your situation. Contact Texas Legal Entities at 512-472-2431 to speak with a Texas business formation professional who can address your concerns and answer all of your questions.
At any time, please feel free to ask us a question. It's FREE!