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8-K

  

An 8-K is a formal SEC complaint filing which shouts out major events inside of a company, like a CEO being caught on camera doin' the (very) nasty with a goat, or a company buying another, or being bought, or experiencing a meaningful quarterly earnings miss.

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Finance: What is Regulation Full Disclos...43 Views

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finance a la shmoop. what is regulation full disclosure or in industry parlance

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reg FD ?all those whispery hallways of the 1970s and 80s

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insiders muckety-mucks cheaters Liars deceivers key employees on the take [men in suits discuss stocks]

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sound like the dramatic cover for a Hollywood movie and while it was and it

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was real life as well. the practice of gleaning information

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essentially unavailable to the average investor was a large part of the

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practice of quote doing research unquote for all too many of the professional by

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side investment firms of the era. the regulator's finally noticed and began to

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crack down with only modest success for a while when finally reg FD was enacted

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via the SEC in 2000. well that regulation massively prohibited the type of

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discussions that could legally happen among analysts and company insiders. in

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fact disclosure of much more than much more than the company name mailing

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address and the product they sold was prohibited unless it was done in a

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broadly available and well-publicized public forum that John Q public could [woman gives presentation]

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participate in. the goal here was to take away free money or profits or gains from

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insiders leaking information you know so that investors could make bets with way

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more information on whether or not the roulette wheel of the company's

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quarterly performance in earnings was going to in fact land on red twenty

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three. so yeah that's what reg FD is about. trust us we've fully disclosed

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everything we know about it and we're going modern here. modern era people come

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on get with it. [man folds arms inside casino]

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