Pwc Executive Summary

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PwC’s business has oversight from the U. S. Securities and Exchange Commission (SEC). The SEC was established by Congress in 1934 as a result of the market crash known as the Great Depression. Its role is to monitor the securities industry and capital markets. One of the core basis’ for the SEC was to secure truth from companies regarding their investments activities and ensure stability in the marketplace for investors. It is because of the SEC that Americans can put money in the bank, buy insurance, make investments and be reasonably confident that the funds will be used wisely and be available when needed. It is the task of this commission to “oversee the inspection of securities firms, brokers, investment advisors, and rating agencies”.

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