The SEC applies mainly to publicly held companies helping them maintain fair and orderly markets. Discuss accounting and SEC regulations as a means to prevent financial fraud. Your discussion should include research to support your opinions.

In 1934, the United States government created the Securities and Exchange Commission (SEC). At the time, the country was still suffering from the 1929 market crash. The SEC applies mainly to publicly held companies helping them maintain fair and orderly markets.

Discuss accounting and SEC regulations as a means to prevent financial fraud. Your discussion should include research to support your opinions.

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