What is the SEC?
Founded in 1934, the U.S. Securities and Exchange Commission (SEC) is an
independent agency of the United States government which is responsible
for enforcing the federal securities laws and regulating the securities
industry and the country's security markets. The SEC does not have
the authority to get your money back for you. The SEC can only proceed
with enforcement action against individuals or companies who have breached
the Securities Act. If you have lost money due to a violation of securities
law, you should contact a law firm that devotes its practice to representing
investors to determine what options are available to you.