What is SEC.gov? SEC.gov Review, Features

What is SEC.gov? SEC.gov Review, Features

SEC.gov (U.S. Securities and Exchange Commission) was established in 1934 under the Securities Exchange Act. It is an independent quasi-judicial agency directly under the U.S. federal government, responsible for securities supervision and management in the United States. It is the highest agency in the U.S. securities industry.

About SEC.gov

The Securities and Exchange Commission is headquartered in Washington, D.C. It has five commissioners nominated by the President and approved by Congress, five functional departments and 23 offices, with approximately 4,600 employees in Washington and 11 regional offices across the country. The U.S. Securities and Exchange Commission (SEC) has quasi-legislative power, quasi-judicial power, and independent law enforcement power.

On April 15, 2021, the U.S. Senate approved Gary Gensler as Chairman of the U.S. Securities and Exchange Commission (SEC) with 53 votes in favor and 45 votes against.

SEC.gov's Organization

The SEC is headquartered in Washington, D.C., and has five commissioners nominated by the President and approved by Congress, five functional departments, and 23 offices, with approximately 4,600 employees in Washington and 11 regional offices across the country.

1. Members

The term of office of the committee members is 5 years, and they are replaced in turn in the committee, so there is a renewal every June 5th. Among these 5 people, the president will appoint a chairman as the highest decision-maker. They mainly perform the following duties:

2. Federal Securities Laws

Amend existing securities laws; strengthen the implementation of laws and regulations; and of course these meetings must be subject to media supervision to a certain extent.

3. Department

The Corporate Finance Department ensures that companies’ listings comply with disclosure requirements and reviews other stock transaction documents.

Market Supervision Department, which supervises and manages the securities market.

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