Securities and Exchange Commission (SEC)

SEC - Securities and Exchange Commissio

Purpose - protect investor, maintain fair, make fficient market.

Root - found 1934, headquarters in Washington D.C

Landmark cases - Say on Pay, now their old regulation is not match with now situation so they change their laws. So now stock holders can vote of CEO's salary

Effect on business - they protect U.S's stock market and investors. U.S's economic situation super influence to the other contries' economy and business.