In general, FTC (Federal trade omissions) is designed to protect the consumers and SEC (Securities and Exchange Commission ) is designed to protect investors .
In order to achieve their goals, here are several responsibilities that held by each organization:
FTC :
- Preventing business from doing false advertising
- Prevent businesses from using harmful materials in their products
- Educating consumers with their rights and what can do if a certain company has proven to be violating their rights
SEC:
- Creating laws and regulations to make sure shares are being trade in fair manner
- Eliminates inside trading
- Facilitate exchange of information between the sellers and the investors.
- Reviewing the programs made by investments companies
