Section 16(a)of the 1934 Act requires that officers,directors,and greater-than-10 percent shareholders of companies that have registered any class of equity securities under the 1934 Act file ________ reports with the SEC.

Question

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Section 16(a) of the 1934 Act requires officers, directors, and greater-than-10 percent shareholders to file reports of their beneficial ownership with the SEC. Beneficial ownership refers to the ownership of securities that give the holder the right to vote or dispose of the securities or the right to any economic benefit derived from the securities, regardless of whether the holder actually owns the securities legally. This information is important for investors to understand the potential conflicts of interest that insiders may have when making decisions related to the company.

Section 16(a)of the 1934 Act Requires That Officers,directors,and Greater-Than-10 Percent