The Securities and Exchange Commission (SEC), requires periodic financial reports from all U.S. public corporations.

Non-U.S. based corporations that trade securities in the U.S. must register and file financial reports with the SEC.

• All companies whose securities are traded on U.S. stock exchanges.
• Companies with more than $10 million in assets whose stock is held by more than 500 owners.
• Private companies if they have more than 500 shareholders or have made a public debt offering.

• Non-U.S. companies that trade on U.S. stock exchanges.
• These companies file an annual report, the 20-F, and updates in a 6-K.

• Corporate insiders must file when they buy or sell shares.
• Shareholders including individuals and groups or companies who own large blocks of shares.