What Is Included in 8-K Filings?

By | 08/10/2023 | 8:10 am ET

When it comes to corporate governance and compliance, Form 8-K is a crucial document that companies must submit to the Securities and Exchange Commission (SEC) in the United States. Form 8-K gives investors a clearer picture of important events happening within a company. This form helps ensure transparency when it comes to reporting material events and changes within the company including press releases, bankruptcy, new contracts, partnerships, and more. As…

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What is SEC Form PX14A6G and why do you need to file?

By | 05/17/2023 | 3:14 am ET

As an investor or business owner, it’s important to do your due diligence and understand what documents you need to file with the Securities and Exchange Commission (SEC). One such document is SEC Form PX14A6G. This form is used to communicate with other shareholders and board members about matters related to corporate governance. The purpose of the form is to give shareholders a voice in corporate decision-making, providing them with…

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SEC Rule Change: Broker-Dealer Customer Protection Rule

By | 10/06/2022 | 11:11 am ET

Recently, the Securities and Exchange Commission (SEC) proposed a new rule change related to US Treasury Securities and the application of the broker-dealer customer protection rule. The goal of this rule change is to reduce risk in the US Treasury Market. This amendment would increase requirements for agencies that deal in the clearing and settlement of specific securities transactions. Right now, there is still a significant amount of risk because some…

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SEC Proposes Rule Amendments to Modernize Beneficial Ownership Reporting

By | 02/19/2022 | 8:46 am ET

One of the hot topics in the financial markets recently has been transparency. Right now, a lot of shareholders feel like they have been left in the dark, as it can be hard for them to figure out what to do with their securities and investments. Now, the Securities and Exchange Commission (SEC) has proposed changes that would modernize certain reporting areas to increase transparency. With more transparency, investors will have…

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SEC Adopts Rules to Facilitate Electronic Submission of Documents to the Agency

By | 12/09/2020 | 9:36 am ET

On Nov. 17, 2020, the SEC adopted rules and amendments to facilitate the electronic submission of documents. This press release covers a new law allowing e-signatures as the SEC’s attempt to combat the financial stress caused by Covid19 and adopted changes to the filing requirements proposed way back on Sept. 24, 2015 Facilitating electronic signatures to be used in document authentication: This will override the current requirement of Rule 302(b)…

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SEC Adopts Amendments to Modernize and Enhance MD&A and other Financial Disclosures

By | 12/02/2020 | 9:03 am ET

On Nov. 19, 2020, the SEC adopted amendments to specific financial disclosure requirements in Regulation S-K, proposed on Jan. 30, 2020. The commission has considered suggestions from the comment letters as well as the SEC Division of Corporation Finance. Overview: Eliminating Item 301 (Selected Financial Data): Registrants are not required to provide 5 years of selected financial data. Amending Item 302(a) (Supplementary Financial Information): The current requirement of 2 years…

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SEC Final Amendments On Disclosures For Registered Debt Offerings

By | 10/20/2020 | 11:20 am ET

On March 2, 2020, the SEC adopted amendments to the financial disclosure requirements applicable to registered debt offerings under Rules 3-10 and 3-16 of Regulation S-X. Rules 3-10 and 3-16 renumbered as Rules 13-01 and 13-02 under a new article 13 in the same Regulation. The amendments will: Facilitate easy understanding of the disclosure Reduce the cost of compliance for companies Eliminate unnecessary burdens on issuers Discourage unregistered debt-offerings Rule…

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SEC Adopts Amendments to Improve M&A Disclosures in SEC Filings

By | 06/26/2020 | 12:00 pm ET

On May 21, 2020, the SEC adopted amendments to existing rules on the acquired and disposition of business disclosures required in SEC filings to help provide better financial information to investors, early access to capital, and a reduction of the complexity of the entire process. The amended regulations will allow investors to assess the significance of acquired/disposed businesses, including real estate operations and investment companies. Although the changed rules will…

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SEC Adopts Amendments to the Filer Definition

By | 05/18/2020 | 4:03 pm ET

Overview On March 12, 2020, the SEC, in its press release, announced the adoption of amendments to the definition of accelerated filers and large accelerated filers. These changes are adopted in congruence with the views of the SEC and Congress to promote capital formation, preserve capital, and reduce unnecessary burdens for small issuers and provide investor protection. Who is Affected? All domestic and foreign issuers who have registered their securities…

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SEC Proposes New Rules to Further Regulate Funds’ Derivatives

By | 01/13/2020 | 2:06 pm ET

  The Securities Exchange Commission (SEC) recently proposed new rules that aim to create a more comprehensive approach to the regulation of funds’ use of derivatives (i.e. through business development companies and Registered Funds). The proposal is comprised of three components: new SEC Rule 18f-4 under the Investment Company Act of 1940 (“Act”); SEC Rule 15l-2 under the Securities Exchange Act of 1934 and rule 211(h)-1 under the Advisers Act of…

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