
Form BD15 DOC


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People also ask
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What is a Form 15 filing?
SEC Form 15-15D is a certification of termination of registration of a class of security under Section 12(g) or a notice of suspension of duty to file reports pursuant to Section 13 and 15(d) of the 1934 Securities Exchange Act. 1
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Are form BD filings publicly available?
The Commission and the Financial Industry Regulatory Authority, Inc. maintain the files of the information on this Form and will make the information publicly available.
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What is the purpose of Form BD?
About Form BD The Form BD is the Uniform Application for Broker-Dealer registration with the SEC, SROs and jurisdictions. It provides background information on the applicant and the nature of its business.
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What is the effect of filing form 15?
By filing Form 15, a company can effectively suspend its reporting obligations and cease filing annual, quarterly, and current reports with the SEC. This form is often used by companies that have fewer than 300 shareholders of record and no longer have publicly traded securities.
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When must a company file a registration statement with the SEC?
An S-4 registration statement is filed in the event of a merger, acquisition or exchange offer. It ensures companies can register securities that will be used as part of a deal. An S-4 requires highly detailed information about the transaction and companies involved, as well as what securities are offered.
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What is the form BD for the SEC?
SEC Form BD is used by broker-dealers to register with the SEC, Self-Regulatory Organizations (SRO), and any jurisdiction. Broker-Dealers must file Form BD through the Central Registration Depository (CRD) system, operated by the Financial Industry Regulatory Authority (FINRA).
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Why would a company file a Form 15?
Form 15, also known as the Certification and Notice of Termination of Registration, is used by companies to terminate their registration with the SEC. This form is typically used when a company has fewer than 300 shareholders and no longer wishes to have its securities traded on a national exchange.
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What is a Form 15 termination?
Key Takeaways SEC Form 15-12G is the certification and notice of termination of registration of a class of securities under Section 12(g)of the Securities Exchange Act of 1934. The Form is also used to provide notice of suspension of duty to file reports under sections 13 and 15(d) of the Securities Exchange Act.
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