The Significance of SEC laws in corporate financial reporting

The Significance of SEC laws in corporate financial reporting

Introduction

The Securities and Exchange Commission (SEC) is the federal U.S. regulatory and supervision of financial markets. It is sort of the “policeman of the Stock Exchange”. Its powers and its composition have been substantially modified by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Securities Act Of 1933).

Financial laws and regulations that regulate the financial market in the U.S. come from the principle that any investor, institutional or private, must have access to minimal information before buying and for the duration of ...