Sunday, December 26, 2010

Securities and Exchange Commission

The Securities and Exchange Commission, or SEC, is the primary US government agency responsible for the regulation of mutual funds. As part of their mandate the SEC monitors adherence to regulations on issues such as disclosure obligations, operations and conduct, fees, etc. The SEC is the main front line regulator in the fund industry in the US, and should be consulted if investors experience issues with their fund manager no living up to obligations. Investor protection is a serious and important aspect of a health financial system.

Synonyms: SEC, Regulator

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