May 13, 2020
What is the role of the SEC?
So, the SEC has three roles: The first is to protect the investing public. The second is to help maintain fair, efficient and orderly markets. And the third is to facilitate capital formation.
Why was the SEC created?
So, for that you kind of have to go back in history, back in time to the Great Depression. It was created then to restore public confidence. And to help establish some baseline public disclosure standards, standard dealing practices. Congress had passed the Securities Act in 1933 and then the Securities Exchange Act in 1934. The SEC was created under the 1934 Act in order to enforce the securities laws that were being passed.
More For You
Magyar, leader of the opposition Tisza Party, speaks during a press conference a day after the parliamentary election, in which Hungarian Prime Minister Viktor Orban conceded defeat, Budapest, Hungary, April 13, 2026.
REUTERS/Marton Monus/File Photo
At first glance, Hungary’s Prime Minister-elect Péter Magyar may appear to be the antithesis of the man he defeated in the April 12 election, Viktor Orbán. Yet the pair might be closer than you think – both on policy and politics.
Most Popular
Think you know what's going on around the world? Here's your chance to prove it.
Humanoid robots are moving from concept to reality. Powered by advances in AI and hardware, they can navigate complex environments and perform diverse tasks, helping address labor shortages and transform industries at scale. Explore the rise of humanoid robots and subscribe to Bank of America Institute.
- YouTube
© 2025 GZERO Media. All Rights Reserved | A Eurasia Group media company.