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Most of these bodies require election to hold a particular office and or position. Maintaining independent and uncompromised relationships with the other organizations is a necessity to ensure efficient operations within the system.
SEC
The U.S. organization responsible for overseeing these organizations is the Security and Exchange Commission ("SEC"). It is the mission of the SEC to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation. (www.sec.gov, 2007) While congress is responsible for creating and passing securities laws, it is left up to the SEC to interpret and coordinate the implementation of such laws...
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