Which commission is responsible for regulating and overseeing the securities industry?

The Securities and Exchange Commission (SEC) is the primary regulatory authority responsible for overseeing the securities industry in the United States. Established in 1934, the SEC was created to protect investors, maintain fair and efficient markets, and facilitate capital formation.

The SEC has the authority to enforce federal securities laws, ensure transparency in financial statements, regulate brokerage firms, and oversee securities exchanges. This regulatory body plays a crucial role in preventing fraud and maintaining investor confidence by requiring companies to disclose information that is essential for making informed investment decisions. It also oversees the activities of investment advisors and mutual funds.

The other options, while they may sound similar or relevant, do not hold the same authoritative oversight or regulatory power over the securities industry as the SEC. Thus, the Securities and Exchange Commission is recognized as the definitive authority in this field.