Congress created the U.S. Securities and Exchange Commission
(SEC) after a Wall Street stock market crash caused the Great
Depression in the 1930s. According to its website, SEC's mission is
"to enforce the newly passed securities laws, to promote stability
in the markets and, most importantly, to protect investors." The
SEC has been under fire during the current recession because of a
lack of enforcement; however, it's not sitting on its laurels, as
the commission's workload has increased significantly since the
economic crisis hit.
Interns gather evidence, help with case files, observe
negotiations and prepare trial briefs. They may also participate in
weekly brown bag lunches on topics in federal securities laws,
field trips to the New York Stock Exchange and "mock testimony"
workshops. There are also opportunities at SEC headquarters in the
legal offices and doing field work for investigations.
Open to college sophomores, juniors and seniors and graduate
students. A minimum GPA of 3.0 is recommended. Some positions are
also available to college freshmen and high school students over
the age of 16.