What is the Securities and Exchange Commission (SEC)?
In the United States, the Securities and Exchange Commission (SEC) is a Federal agency which regulates the sale and trade of securities and similar investments. The SEC protects investors and promotes market development with the aim of maintaining America’s global role as an economic powerhouse. The agency was founded in 1934, as part of a regulatory response to the events of the stock market crash of 1929, during which the Federal government finally realized a need for regulation of investments in the United States. Headquartered in Washington, D.C., the SEC has a governing staff of five appointed commissioners and 11 regional offices which amend and enforce laws pertaining to investments. One of the most important parts of the SEC’s mission is maintaining a transparent market. The SEC heavily regulates the trade of securities in the United States, requiring companies to file numerous documents throughout the year which can be taken together to provide an accurate image of the company
SEC is a U.S. government commission created by Congress to regulate the securities markets, protect investors and monitor corporate takeovers in the U.S. The SEC requires public companies to disclose meaningful financial and other information to the public. This provides a common pool of knowledge for all investors to use to judge for themselves whether to buy, sell, or hold a particular security. The SEC is composed of five commissioners appointed by the U.S. President and approved by the Senate. The SEC is designed to promote full public disclosure and to protect the investing public against fraudulent and manipulative practices in the securities markets. Where can I find the most recent Google EPS release? The Google EPS information is released each quarter and available on the Google or SEC website. What is the Expiration Value? The Expiration Value is the Quarterly EPS (net, non-diluted) of Google, Inc. (“Google”) for a specific fiscal calendar quarter, measured in U.S. dollars, a
When was the SEC established? Why was the SEC established? Does the SEC have the responsibility of establishing financial reporting guidelines? 2.) What role does the SEC currently play in the financial reporting process? What power does the SEC have to sanction companies that violate financial reporting guidelines? 3.) What is the difference between a civil and a criminal charge? What is the difference between a class-action suit by investors and a civil charge by the SEC? 4.) What personal liability do individuals have for improper accounting? Why does the SEC object to companies indemnifying individuals for consequences associated with improper accounting? Reviewed By: Judy Beckman, University of Rhode Island Reviewed By: Benson Wier, Virginia Commonwealth University Reviewed By: Kimberly Dunn, Florida Atlantic University Bob Jensen’s threads on accounting theory are at http://www.trinity.edu/rjensen//theory/00overview/theory01.htm Time Warner Controversy Just another day on the fra
