The securities and exchange commision plays the role of regulating stock market.
The Securities and Exchange Commission is the national government regulatory body tasked with policing the corporate sector, players in the capital markets, the market for securities and investment instruments, and the general public’s protection.
The Securities Act, which was passed on October 26, 1936, established the Commission and gave it authority over exchanges, brokers, dealers, sales people, and the sale and registration of securities. Later legislation were passed to expand the Commission’s authority, stimulate investments, and more engaged public engagement in the operations of private firms and enterprises.
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