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Posted On: 09/04/2019 9:53:59 AM
Post# of 1425
Food for thought ....
SEC Filings
When companies file paperwork with the U.S. Securities and Exchange Commission, it is customary for the applying company to enforce a status of silence. The quiet period is lifted once the paperwork is reviewed and accepted by the SEC. Contrary to popular belief, this quiet rule isn't an SEC regulation, but it is a common practice among the corporate community. One reason a company would file with the SEC is corporate restructuring. Before large-scale mergers or acquisitions may occur, the parent company must file with the commission.
SEC Filings
When companies file paperwork with the U.S. Securities and Exchange Commission, it is customary for the applying company to enforce a status of silence. The quiet period is lifted once the paperwork is reviewed and accepted by the SEC. Contrary to popular belief, this quiet rule isn't an SEC regulation, but it is a common practice among the corporate community. One reason a company would file with the SEC is corporate restructuring. Before large-scale mergers or acquisitions may occur, the parent company must file with the commission.
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My comments are only my opinion and are not to be used for investment advice.
Please conduct your own due diligence before choosing to buy or sell any stock.
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