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 and with an national securities exchange on which their company's equity securities are listed.

Question

Quizplus · Accepted Answer

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 and with a national securities exchange on which their company's equity securities are listed. These reports must be filed within specified time frames to ensure transparency and accountability. Actual ownership and insider ownership are not the correct terms for the required reports, and listed stock is not a relevant concept in this context.

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