1- The SEC and its Role in Capital Markets; Seminar Overview: The SEC and Globalization.
For this topic, the paper will focus on the creation of the SEC and the impact that this has had on the markets that it oversees in light of globalization within the modern economy. In particular, the goal will be to establish the major impacts that have occurred in regards to globalization due to the fact that these regulations were implemented. The essay will first aim to provide a general overview of the SEC and the role that it plays in the Capital Markets in regards to the globalization of the economy, as well as the establishment of the scope and orientation of the organization's policies but also a discussion of the role that the SEC plays in promoting and establishing through rules and regulations a capital system based on equality. In establishing the SEC, the expectation was that the organization would facilitate the ethical and contained growth of capital markets through the establishment of specific policies that could be guided through careful analysis and insight. Through analysis of the historic application of the SEC the paper will attempt to develop a better idea of its effectiveness.
The major scope of the essay will be to define and demonstrate the aim of the U.S. Securities and Exchange Commission. The role of the organization is to not only interpret and enforce laws associated with economic exchange but also to analyze and review existing laws and provide insight into the best ways to further develop them. Another important role of the group is to oversee regulations involving the practices of private companies and to work together with Federal agencies to commit resources in order to effectively promote these regulations. The essay will discuss the priorities of the SEC, including its role in protecting investors and maintaining fair, orderly, and efficient markets. This is done through activities such as reviewing the documents of public ally held companies and holding them accountable for any discrepancies. Furthermore, taking civil and administrative action against those that are found to be in violation of regulations is an important role of the organization. The paper will seek to discuss the role of SEC in facilitating capital formation. One of the primary ways that this is accomplished is through the establishment of a forum that discusses the priorities of the relationship between government and business. In discussing this relationship and the role of the SEC in maintaining it the paper will end by developing insight into the strengths of the organization and the impact that it has had since its adoption. This can help to provide insight into the level of impact that the organization has had on the development of capital markets.
5- The SEC and Corporate Governance: The SEC and Market Crisis.
The essay will provide insight into various historic events that made it necessary to establish the organization. Through looking at events such as the Panic of 1826, the Wall Street Crash of 1929, or the Global Financial Crisis of 2008, the essay will discuss the SEC in light of its establishment as an organization to effectively develop better methods for corporate governance in order to limit the onset of these types of challenges. This idea presents the need to establish various priorities that enhance the effectiveness of the company's engagement with various stakeholders. This includes various levels of community involvement which can help these companies become active participants in the environments that they are a part of. This is important in developing the application of corporate governance.
Through looking at these events, the essay will present a discussion of the importance of the development of the rules, processes, and regulations that were established in order to control the practices of the business. Establishing accountability for the actions taken by a business or organization is an essential aspect of corporate governance. Furthermore, the ideas of transparency and engagement provide these entities with the opportunity to engage with the communities that they are a part of. This can be a major contributor to the establishment of corporate governance. The organization was therefore created on the notion that those who run corporations have a basic responsibility towards operating within the confines of the law and the legal frameworks of the societies that they are a part of. The directors of companies are therefore considered to have a duty to act in order to ensure that they remain within these bounds (Sommer). The idea of corporate governance are therefore predicated on the relationship between corporate stakeholders and those that are in charge of developing policies. Through analysis of these events the importance of the SEC can be established.
13- Hot Issues and the SEC of the Future: Under-Pricing of IPOs.
The essay will examine the history of the application of Hot Issue policies by the SEC to the general under-pricing of IPOs at offering. This will provide an overview of the cases involved in the application of SEC policy throughout the last three decades. The paper will then discuss the idea of Hot Issues and their association with IPOs. In developing policies that can help to limit the surges in price associated with the development of new offerings the SEC promotes the establishment of more grounded and prioritized task management. In discussing these principles the paper will seek to demonstrate the underlying principles that the SEC operates under in the current market and the specific application of techniques to limit the actions of the companies that they are focused on (Stay Current).
Changes to swing pricing and liquidity funds, limits on the use of derivatives, and rules on audit transparency are all major policies that are being presently pursued by the organization. Legislation designed to facilitate the further development of small businesses and their ability to formulate capital will also be considered. Through analysis of these proposed changes a better understanding of how the SEC will hope to face expected changes can be established. The essay will present an overview of the various hot issues that are of major consideration to the SEC and its practices in the present day. Will also present an analysis of the underlying trends and developments that are projected to be expected in the future. The essay will therefore seek to develop an understanding of the major problems facing the SEC currently and those that are seen to likely last into the future.
Works Cited
“SEC Approves New “Hot Issue” Rule for Equity.” Stay Current. 2003. Print.
Sommer, A.A. The Impact of the SEC on Corporate Governance. Law and Contemporary Problems. 41(3), 2003. Print.
“The Investor's Advocate: How the SEC Protects Investors, Maintains Market Integrity, and Facilitates Capital Formation.” U.S. Securities and Exchange Commission. 2013. Web. 12 February, 2016.
