What is the primary function of the Securities and Exchange Commission in relation to corporations?

The primary function of the Securities and Exchange Commission (SEC) in relation to corporations is to oversee the registration and compliance of corporations with the Revised Corporation Code. This involves ensuring that corporations are properly registered to operate legally and are adhering to the rules and regulations as outlined in the code. The SEC plays a vital role in maintaining transparency and protecting investors by enforcing compliance and scrutinizing corporate activities. This includes regulating disclosures, ensuring corporate governance standards are upheld, and keeping the integrity of the securities market intact.

By fulfilling this role, the SEC helps to create a fair marketplace where investors can make informed decisions based on accurate and timely information from corporations, which is essential for maintaining public trust in the financial system. The other options pertain to functions that may be associated with corporate governance or financial practices but do not define the core purpose of the SEC within the context of corporate regulation and compliance.