Sec Section 12 Reporting Requirements

Previous updates are marked using the same convention and represent the last revision to that section.

Sec section 12 reporting requirements. If an issuer does not have any reporting obligations with respect to any other class of securities and is not required to continue reporting based on an obligation under section 12 g or section 15 d with respect to the class of securities that is delisted then the issuer will not be required to file any current or periodic reports that are due on or after the date the form 25 becomes effective. Your company s ceo and cfo must certify the financial and certain other information contained. 7 1 2019 to identify the changes.

Alternatively the registrant may present a pro forma income statement for the most recent annual period 9 to 12 months under s x 3 06. Companies may use this form if they plan. A company registers securities under section 12 by filing an exchange act registration statement such as on form 10 form 20 f or form 8 a.

A public company with a class of securities registered under either section 12 or which is subject to section 15 d of the securities exchange act of 1934 as amended exchange act must file reports with the sec reporting requirements the underlying basis of the reporting requirements is to keep shareholders and the markets informed on a regular basis in a transparent manner. An issuer may solely for the purposes of section 12 g deem the securities to have been issued in a transaction exempt from or not subject to the registration requirements of section 5 of the securities act if the issuer had a reasonable belief at the time of the issuance that the securities were issued in such a transaction. We include a date tag when the change is significant.

The section 15 d reporting requirements are scaled down from the exchange act reporting requirements for a company with a class of securities registered under section 12. Sections of the financial reporting manual have been updated as of july 1 2019. Often an sec proceeding to revoke registration pursuant to section 12 j will be preceded by a 10 day suspension in trading.

These sections have been marked with the date tag last updated. Annual and quarterly reports. After a change in fiscal year end in which the transition report has been filed on form 10 k the registrant may present pro forma information for the transition period and most recent fiscal year and interim period.

These reports require much of the same information about the company as is required in a registration statement for a public offering. Section 12 j of the exchange act grants the sec the authority to revoke a company s exchange act registration when it has a history of delinquent filings.