What is Section 15 of the Exchange Act?

What is Section 15 of the Exchange Act?

Section 15(a) of the Exchange Act requires “brokers” and “dealers” using interstate commerce, or the facilities of a national securities exchange to effect transactions in securities (other than exempted securities and specified short-term debt instruments), to register with the Commission.

What is Section 14 of the Exchange Act?

Section 14(a) of the Securities Exchange Act of 1934 (the “ Exchange Act ”) prohibits material misrepresentations and omissions in proxy statements sent to stockholders of registered securities.

What is Section 15 D of the Securities Exchange Act of 1934?

Section 15(d) provides that any issuer who registers a class of securities under the Securities Act of 1933, as amended (the Securities Act) shall become subject to periodic reporting requirements under Section 13(a) (15 USCS § 78m) of the Exchange Act, including annual reports on Form 10-K, quarterly reports on Form …

What are 15 D reporting requirements?

Section 15(d) requires companies to file certain periodic reports and information required by Section 13 of the Exchange Act (such as Form 10-K and Form 10-Q reports) as if they had securities registered under Section 12 of the Exchange Act.

What is regulation 14a?

Rule 14a-18 — Disclosure regarding nominating shareholders and nominees submitted for inclusion in a registrant’s proxy materials pursuant to applicable state or foreign law, or a registrant’s governing documents. Rule 14a-20 — Shareholder approval of executive compensation of TARP recipients.

What is Section 13 or 15 D of the Exchange Act?

A company subject to Section 13 or 15(d) of the US Securities Exchange Act of 1934 (Exchange Act), which requires the company to file periodic reports with the US Securities and Exchange Commission (SEC).

What is a Section 15 D filer?

What is SEC Rule 14a 8?

In Rule 14a-8, the Commission has provided a means by which shareholders can present proposals for the shareholders’ consideration in the company’s proxy statement. This process has become a cornerstone of shareholder engagement on important matters. Rule 14a-8 sets forth several bases for exclusion of such proposals.

What is a Form 15 15D?

Definition of SEC Form 15-15D SEC Form 15-15D is a certification of termination of registration of a class of security under Section 12(g) or a notice of suspension of duty to file reports pursuant to Section 13 and 15(d) of the 1934 Securities Exchange Act.

What is a 14a 8 proposal?

Proposals under Rule 14a-8. Rule 14a-8(i)(1) provides that a proposal is excludable when it is not a proper subject for action by shareholders under the laws of the jurisdiction of the company’s organization.

What are Regulations SX and SK?

Regulation S-K is generally focused on qualitative descriptions while the related Regulation S-X focuses on financial statements.