Which organization enforces the law concerning stocks and bonds and oversees advisors?

The Securities and Exchange Commission (SEC) is the primary organization responsible for enforcing laws related to the securities industry, which includes stocks and bonds. The SEC ensures that all participants in the securities market adhere to legal standards and regulations designed to protect investors, maintain fair and efficient markets, and facilitate capital formation. One of its critical roles is to oversee the activities of advisors and firms in the securities industry, ensuring they act in the best interests of their clients.

The SEC regulates securities offerings, disclosures, trading practices, and the conduct of market participants, which is essential for fostering trust and transparency in the financial markets. Understanding the SEC's overarching authority is fundamental for anyone involved in investing or advising within the securities sector, as it upholds the integrity of the entire financial ecosystem.