Distinguish between responsibilities of the FTC and those of the SEC.

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