SEC
Definition · Level 0 · Market basics
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Securities and Exchange Commission: the US federal regulator of securities markets. It writes and enforces rules for exchanges, brokers and funds and requires public companies to file disclosures such as the 10-K.
Example
Europe’s counterparts: ESMA at EU level, plus national regulators such as France’s AMF.
Where Tradecraft teaches it
Level 0 · Market basics, in the lesson “Market plumbing & the trading day”: Who stands between you and the other side of your trade, how it settles, and when US stocks trade.
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