SEC　

SEC　美国证券交易监督委员会（美国证监会）　

A government commission created by Congress to regulate the securities markets and protect investors.In addition to regulation and protection，it also monitors the corporate takeovers in the United States.The SEC is composed of five commissioners appointed by the president of the United States and approved by the Senate.The statutes administered by the SEC are designed to promote full public disclosure and protect the investing public against fraudulent and manipulative practices in the securities markets.Generally，most issues of securities offered in interstate commerce，through the mail，or on the Internet，must be registered with the SEC.