Wednesday, May 23, 2012 10:17 AM SAST

SEC

The U.S. Securities and Exchange Commission (commonly known as the SEC) is an independent agency of the United States government which holds primary responsibility for enforcing the federal securities laws and regulating the securities industry, the nation's stock and options exchanges, and other electronic securities markets. The SEC was created by section 4 of the Securities Exchange Act of 1934 (now codified as 15 U.S.C. § 78d and commonly referred to as the 1934 Act). In addition to the 1934 Act that created it, the SEC enforces the Securities Act of 1933, the Trust Indenture Act of 1939, the Investment Company Act of 1940, the Investment Advisers Act of 1940, the Sarbanes-Oxley Act of 2002 and other statutes.

Articles About SEC

Regulators, investors turn up heat over Facebook IPO

By Reuters

Two top U.S. financial regulators said on Tuesday the issues around the initial public offering of Facebook should be reviewed, putting fresh pressure on the company, its lead underwriter, Morgan Stanley, and the Nasdaq stock exchange. (7:00 am)

MORE TOPICS: MICROSOFT, BANK OF AMERICA, GOLDMAN SACHS, JPMORGAN CHASE, MERRILL LYNCH, MORGAN STANLEY

SEC dealt blow in financial-crisis case

By Reuters

The U.S. Securities and Exchange Commission was dealt a setback in its cases tied to the financial collapse when a federal judge dismissed large parts of its case against former executives at failed mortgage lender IndyMac Bancorp. (5:42 am)

MORE TOPICS: FREDDIE MAC, FANNIE MAE, CALIFORNIA, COURT, LAWYER, LAWSUIT

Wall Street struggles to find Facebook's worth

By Reuters UK

In its three days of trading, Facebook's stock has dropped 18 percent from its $38 (24 pounds) issue price. For the thousands of investors that bought at the IPO, that's bad enough, but one analysis of its earnings prospects suggests it could get a lot worse - more like $10 a share. (11:35 pm)

MORE TOPICS: GENERAL MOTORS, MORGAN STANLEY, FACEBOOK, ADVERTISING, RETAIL

SEC, FINRA to review Facebook issues, Nasdaq sued

By Reuters

Two top U.S. financial regulators said the issues around the initial public offering of Facebook should be reviewed, putting fresh pressure on the company, its embattled lead underwriter and the Nasdaq. (11:00 pm)

MORE TOPICS: GOLDMAN SACHS, JPMORGAN CHASE, MORGAN STANLEY, FACEBOOK, COURT, RETAIL

SEC looking at JPMorgan's financial reporting

By Reuters

The head of the U.S. Securities and Exchange Commission told lawmakers on Tuesday that her agency is probing JPMorgan Chase and Co's financial reporting and emphasized that big banks are required to publicly disclose changes to the models they use to measure risk. (10:49 pm)

MORE TOPICS: FEDERAL RESERVE, JPMORGAN CHASE, INVESTMENT, LONDON, CONGRESS

Yahoo! Exec. Pleads Guilty to Insider Trading

By IBTimes AU

The U.S. Securities and Exchange Commission on Monday charged a former executive at Yahoo! Inc. and a former mutual fund manager at a subsidiary of Ameriprise Financial Inc. with insider trading on confidential information about a search engine partnership between Yahoo and Microsoft Corporation. (9:54 pm)

MORE TOPICS: MICROSOFT, CALIFORNIA, COURT, NEW YORK, MANAGEMENT, INSIDER TRADING

SEC, FINRA call for Facebook review, pressure builds

By Reuters

Two top U.S. financial regulators called for a review of the initial public offering of Facebook last week, putting fresh pressure on the company, its embattled lead underwriter and the Nasdaq. (9:42 pm)

MORE TOPICS: GOLDMAN SACHS, JPMORGAN CHASE, MORGAN STANLEY, FACEBOOK, RETAIL, NEW YORK

Facebook shares drop again as SEC, FINRA call for review

By Reuters

Facebook's shares fell sharply again on Tuesday and two top U.S. financial regulators called for a review of the circumstances surrounding its troubled initial public offering last week. (8:42 pm)

MORE TOPICS: GOLDMAN SACHS, JPMORGAN CHASE, MORGAN STANLEY, FACEBOOK, RETAIL, NEW YORK

SEC says probing JPMorgan's financial reporting

By Reuters

The head of the U.S. Securities and Exchange Commission told lawmakers on Tuesday that her agency is probing JPMorgan Chase and Co's financial reporting and emphasized that big banks are required to publicly disclose changes to the models they use to measure risk. (7:42 pm)

MORE TOPICS: JPMORGAN CHASE, INVESTMENT, LONDON, CONGRESS

SEC head says Facebook IPO issues should be reviewed

By Reuters

The top securities regulator said on Tuesday that the problems surrounding Facebook's initial public offering should be reviewed, but those issues should not shake investor confidence in the markets. (7:21 pm)

MORE TOPICS: FACEBOOK