Trivia: What does “SEC” stand for?
Supply and Equities Corporation
Securities and Exchange Commission
Stock Exchange Company
Southeastern Conference
The correct answer is Securities and Exchange Commission
So why is this answer correct? : The U.S. Securities and Exchange Commission is the federal agency in charge of overseeing the stock market. Formed at the peak of the Great Depression, the SEC is designed to increase confidence in markets while punishing those who break the rules, such as individuals engaging in insider trading or company-wide scandals.