To get Articles of Incorporation and file them with the SEC or Secretary of State
- The process and cost of obtaining and filing Articles of Incorporation vary by state.
- Corporations may need to file additional documents like by-laws and partnerships pay a percentage of capital.
- Indemnification of directors may be required unless otherwise stated in the articles.
To find and access SEC documents and filings
- The EDGAR database contains over 500,000 company records, including financial statements and ownership changes.
- General Information Sheet and Form 4 provide corporate data and insider changes in ownership.
Regarding the availability and confidentiality of SEC records
- Public statements, rules, actions, and reports from the SEC are accessible.
- Informal SEC investigations are kept confidential, while formal investigations may become public.
Explaining the role of the Securities and Exchange Commission
- The SEC protects investors, regulates trading, and enforces laws for transparency.
- It requires disclosure of business and financial data to uphold investor protection.
- The SEC also provides cybersecurity reporting guidance and standards.
Specific mention of the Ripple lawsuit and SEC compliance checklist
- The SEC requested financial records in the Ripple lawsuit, but access was denied.
- The SEC compliance checklist helps ensure proper disclosure of documents, including financials and MD&A.