The Securities and Exchange Commission, also referred to as the SEC, was created support in 1934 by fragment 4 of the Securities Exchange Act of 1934. It was created to modify the securities industry, cherish investors from fraud, as well as to implement national securities laws. Some of the federal securities religious text that are implemented by the SEC include: the Securities Act of 1933, the Trust Indenture Act of 1939, the Investment Company Act of 1940, the Investment Advisers Act of 1940 and the Sarbanes-Oxley Act of 2002.
The Securities and Exchange Commission requires open companies in the United States to sporadically file a mixed bag of pecuniary reports near the SEC. In optional extra to submission these reports beside the SEC masses companies must also manufacture these fiscal reports unspoken for to the public. Investors can consequently use these business reports to make certain the power of upcoming hoard in the camaraderie. Some of the best customary SEC submission types include: F-1, 4, S-1, POS AM, 13D, 144, 20-F, ARS, 6-K, 10-Q, 10-K and 8-K. These reports wrapping planned gross revenue of securities, transfers of ownership and management, period reports and yearly reports.