What is The Securities Exchange Commission (SEC)?

The Securities and Exchange Commission (SEC), administers all federal laws that regulate the securities industry. Fancy words for, they police the investment world and make sure no one’s doing any shady business.

A security is another word for—stocks, bonds, mutual funds, and many other types of intangible investments. If you buy gold bars (a tangible asset), that’s not a security, but if you buy stock in a precious metal fund (intangible), that’s a security. Many …