Also called Securities and Exchange Commission
SEC
The federal securities regulator. Its disclosure regime is why public financial statements exist at all, and therefore why any of this can be computed.
Updated 2026-09-05
The Securities and Exchange Commission is the federal regulator for US securities markets. It enforces disclosure, polices fraud and manipulation, and oversees the exchanges and the self-regulatory bodies beneath it.
Its disclosure regime is the reason any of this analysis is possible. Public companies must file audited financial statements on a schedule, in a standard form, and that requirement is the origin of every number Angie reads. Without it there would be nothing to value.
See also
- FINRA — The self-regulatory body overseeing broker-dealers and their representatives, operating under SEC authority. It licenses the people who handle your orders.
- Prospectus — The disclosure document for a securities offering. It is written by lawyers to be complete rather than readable, and the risk factors section is the part worth reading.
- Insider trading — Trading on material information the public does not have yet. Illegal, and the reason company insiders must file their trades publicly.
Educational content, not investment advice. Angie explains how a valuation is built so you can judge it yourself. What you do with that is your call.
