What is the SEC?
What is the SEC?
user
The SEC, or Securities and Exchange Commission, is an agency of the U.S. government that has the authority to regulate financial markets, and to ensure that investors receive accurate and complete information about public companies.
assistant
So it has something to do with stocks?
user
It's more about financial regulation.  For instance, it's against the law to lie to investors in a stock, and if someone did, the SEC might investigate it.
assistant
So almost like a watchdog?
user