Final answer:
The SEC oversees the NYSE and FINRA, both self-regulatory organizations within the financial industry. The CFTC and FDIC also play regulatory roles in financial markets and banking; however, they are independent agencies rather than self-regulatory bodies overseen by the SEC.
Step-by-step explanation:
The Securities and Exchange Commission (SEC) oversees several self-regulatory organizations that play a crucial role in the financial industry. Among these are the New York Stock Exchange (NYSE) and the Financial Industry Regulatory Authority (FINRA). The NYSE provides a platform for buying and selling securities and implements its own set of regulations to ensure fair trading.
Similarly, FINRA oversees brokerage firms and exchange markets, ensuring that they operate fairly and honestly. On the other hand, the Commodity Futures Trading Commission (CFTC) also regulates financial markets, but it is an independent agency, much like the SEC, rather than a self-regulatory organization. Lastly, the Federal Deposit Insurance Corporation (FDIC) insures bank deposits and supervises financial institutions, but it too operates independently of the financial industry firms it oversees and is not a self-regulatory organization.