SEC holds primary responsibility for enforcing the federal securities laws and regulating the securities industry in the United States.
The US Securities and Exchange Commission (SEC) is an independent agency of the United States federal government. The SEC holds primary responsibility for enforcing the federal securities laws, proposing securities rules, and regulating the securities industry, the nation’s stock and options exchanges, and other activities and organizations, including the electronic securities markets in the United States.
In addition to the Securities Exchange Act of 1934, which 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. The SEC was created by Section 4 of the Securities Exchange Act of 1933 (now codified as 15 U.S.C. § 78d and commonly referred to as the Exchange Act or the 1934 Act).
SEC links AI-branded group chats, fake crypto platforms, and deepfake guru marketing into one $14M fraud narrative and a fresh warning shot at retail-facing “AI trading” plays.
AAVE token has crashed more than 2% in the past 24 hours as SEC announced the end to its 4-year probe in the DeFi protocol.
Crypto VC firm Shima Capital is shutting down after the SEC sued its founder for allegedly defrauding investors.