Periodic Reporting and Regulation FD

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What this video covers

  • The two independent triggers for Securities and Exchange Commission (SEC) registration under the Exchange Act: exchange listing versus the $10 million assets plus 2,000 holders threshold
  • The three core periodic reports (Form 10-K, Form 10-Q, and Form 8-K), their content, and why there is no Q4 10-Q
  • The four business day deadline for Form 8-K versus the 24-hour calendar deadline under Reg FD, and why mixing them up is a classic exam trap
  • When Reg FD requires simultaneous public disclosure versus when the 24-hour cure period applies, and what counts as intentional versus unintentional selective disclosure
  • The exclusions from Reg FD coverage, including non-disclosure agreements (NDAs) with investment bankers, attorneys, and rating agencies
  • The bring-down diligence workflow and why prospectus liability locks at the contract of sale at pricing, not at delivery of the final prospectus
  • The SEC's authority to revoke registration for noncompliance and the 10 business day cap on emergency trading suspensions

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This video's complete written lesson is free to read in the CertFuel app, no signup wall. The complete Series 24 course also includes adaptive practice questions and spaced-repetition flashcards, free through the end of 2026.

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