Explain how the sec is structured
Course:- Financial Accounting
Reference No.:- EM13854636

Expertsmind Rated 4.9 / 5 based on 47215 reviews.
Review Site
Assignment Help >> Financial Accounting


Using the information available at the SEC''s website or any other authoritative source, describe how the SEC is structured.
4 Paragraphs with sitings

For additional details, please refer to the Short Paper/Case Study Rubric document in the Assignment Guidelines and Rubrics section of the course.


Verified Expert

Preview Container content

SEC, The Securities Exchange Commission consists of five commissioners who are appointed by the US President. They have a maximum term of five consecutive years along with four divisions, nineteen offices and 3800 staff. The headquarters of SEC is in Washington. Each division of SEC is responsible for the duties segregated among them. The divisions are also responsible for the operating, regulatory and legal decisions. The voluntary decisions taken by the SEC and the process of investigation is the main purpose for which SEC is structured. A civil action can also come into force in US district, on the other hand it does not have any criminal authority.

SEC comprises of a director who is the Director and Chief Economist along with three general officers namely Scott W. Bauguess Jennifer Marietta Westberg etc. It has eight specialized offices like office of Asset Management, Financial intermediaries, Litigation Economics, Markets, Research and data services, Corporate Finance, structured disclosure and risk assessment.

Put your comment

Ask Question & Get Answers from Experts
Browse some more (Financial Accounting) Materials
Ppaid $25,000 in premiums on a 20-year endowment policy on her life. The policy has a face value of $40,000. At age 60, Linda decides to collect the face value of the policy
Kingdon Corporation's manufacturing overhead includes $7.10 per machine-hour for variable manufacturing overhead and $207,000 per period for fixed manufacturing overhead. What
Institutional economics and neo-classical economics. Off-hand, which of the two seems like a more sensible approach? What are some of the elements you agree or disagree with
Oceanic Organization is assessing two equally Elite Remodeled Designs with a three-­-year target completion scenarios. Each migration requires an investment  of  $10,000. The
Describe the difference between contribution margin and gross margin, and illustrate the difference with an example. From a management perspective, indicate which margin figur
Harvey Company borrowed $80,000 on January 2, 2010. This amount plus accrued interest of 5% compounded annually will be repaid at the end of 3 years. What amount will Harvey r
Suppose that Ithaca Snowboards also sets up operations in a Japanese subsidiary. Assume that such operations will pay tax at a 45% Japanese tax rate and will generate an addit
On February 22, Kountry Repair Service extended an offer of $200,000 for land that had been priced for sale at $250,000.- At what value should the land be recorded in Kountry