Asked by Madison Zurweller on May 17, 2024
Verified
The Securities Exchange Act of 1934 provides for continuous periodic disclosures by certain publicly held companies.
Securities Exchange Act Of 1934
A U.S. law regulating the trading of securities (stocks, bonds, etc.) to protect investors against malpractices.
Periodic Disclosures
Regularly scheduled communications from a company or organization, providing updates on financial performance, operations, and other significant developments.
Publicly Held Companies
Corporations whose shares are publicly traded on stock exchanges, allowing for ownership by the general public.
- Grasp the continuous disclosure requirements under the Securities Exchange Act of 1934.
Verified Answer
AC
Alexis CorderoMay 21, 2024
Final Answer :
True
Explanation :
The Securities Exchange Act of 1934 requires periodic disclosures by publicly held companies to ensure transparency and protect investors by providing them with the necessary information to make informed decisions.
Learning Objectives
- Grasp the continuous disclosure requirements under the Securities Exchange Act of 1934.