Post
Topic
Board Bitcoin Discussion
Re: Can someone explain in simple words what's the SEC and why we need it?
by
Olalomi
on 30/01/2019, 22:50:56 UTC
With my view i think SEC means Securities and Exchange Commission. is a federal agency that regulates the U.S. stock market, the SEC contributes to the high standard of living we enjoy today. It does this by providing transparency into the financial workings of U.S. companies. It makes sure investors can get accurate and consistent information about corporate profitability.
This is a quite insightful and simple enough to comprehend I think a lot people are aware of delay approval of bitcoin trading by SEC but could not really know what they stand for and their mode of operations but I believed from this many newbie will able to learn and understand more details about SEC.