Corporate Governance and Securities and Exchange Commission

Author: (USA) Priveet
Publisher:
Publish Date: 2006-03-01
Features: This book is divided into six chapters. Chapter 1 provides an overview of effective corporate governance and the role of the SEC in overseeing financial reporting elements. Chapter 2 presents the historical background of U.S. securities legislation and explains the structure and operations of the SEC. Chapter 3 examines the legal framework of the SEC, briefly explaining each major law implemented by the SEC. Chapter 4 focuses on the registration procedures and reporting requirements of the SEC, particularly those under the Securities Act of 1933 and the Securities Exchange Act of 1934. The appendix of this chapter also provides a brief guide on how to use EDGAR to query SEC-related documents and online registration. Chapter 5 analyzes reports submitted to shareholders and those submitted to the SEC. Practical examples are also provided to highlight disclosure requirements. The final chapter observes the extensive interactions between the SEC and the business community, with a focus on the SEC's impact on financial reporting, auditing, and corporate governance practices.