the Securities and Exchange Commission
/ðə sɪˌkjʊərətiz ən ɪksˈtʃeɪndʒ kəmɪʃn/
/ðə sɪˌkjʊrətiz ən ɪksˈtʃeɪndʒ kəmɪʃn/
(abbreviation the SEC)
- an independent US government organization responsible for controlling the financial markets and making sure that people and companies that deal on the stock exchange do not break the law. It investigates complaints and can take people to court for illegal operations. The SEC was established in 1934 and its five members are chosen by the US President.
证券交易委员会：美国独立的政府组织，负责控制金融市场，并确保从事证券交易的人员和公司不违反法律。它可以调查投诉，并可以将人们带到法院进行非法操作。SEC成立于1934年，其五名成员由美国总统选举产生。