2.1 Regulatory Entities, Agencies, and Market Participants

In this section

• Securities and Exchange Commission (SEC): Understanding Its Role and Functions in the U.S. Securities Industry
  Explore the comprehensive role of the Securities and Exchange Commission (SEC) in regulating the U.S. securities industry. Learn about its mission, functions, divisions, and impact on market participants and investor protection.
• Understanding Self-Regulatory Organizations (SROs) in the Securities Industry
  Explore the vital role of Self-Regulatory Organizations (SROs) in the securities industry, including FINRA, MSRB, and exchanges like NYSE and NASDAQ. Learn about their functions, responsibilities, and interaction with the SEC.
• State Securities Regulators and NASAA: Protecting Investors and Ensuring Market Integrity
  Explore the critical roles of state securities regulators and the North American Securities Administrators Association (NASAA) in enforcing securities laws, registering professionals, and protecting investors. Understand their coordination with federal entities and the importance of Blue Sky Laws.
• Federal Reserve and Other Regulatory Bodies in the Securities Industry
  Explore the roles of the Federal Reserve and other regulatory bodies in the U.S. securities industry. Understand their impact on financial markets and economic stability.
• Roles of Market Participants in Securities Markets
  Explore the essential roles of market participants in the securities industry, including broker-dealers, investment advisers, issuers, underwriters, and more. Understand their functions, regulatory requirements, and impact on capital markets.