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The Securities and Exchange Commission (SEC) is a regulatory body responsible for overseeing the securities market in the United States. It enforces federal securities laws, protects investors, and maintains fair and orderly markets. In contrast, the Financial Industry Regulatory Authority (FINRA) regulates member broker-dealer firms. Learn about the SEC's role, responsibilities, and differences with FINRA in this explainer.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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