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People also ask
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Who is responsible for press releases in a company?
A press release is written by the company's public relations (PR) department, not by reporters or journalists, so it takes a subjective interpretation of the announcement, though it may also include objective facts, such as figures in an earnings report.
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Who has power over the SEC?
24 The SEC is accountable to Congress and operates under the authority of federal laws that include the Securities Act of 1933, the Securities Exchange Act of 1934, the Investment Company Act of 1940, the Investment Advisers Act of 1940, and the Sarbanes-Oxley Act of 2002, among others.
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WHO issues press releases?
Government agencies, schools and universities, trade unions and professional associations are but a few of the common issuing sources. The fact is, anyone can issue a press release. Charities, sports clubs, art galleries, even private individuals, will find themselves having a need or reason for doing so.
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Are press releases filed with the SEC?
When your company has news to release, there's no one single way to disseminate it. In some instances, you will need to file a Form 8-K, the disclosure from the Security and Exchange Commission (SEC). Sometimes, the news will necessitate issuing a press release. And sometimes, you will file both.
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Where do press releases get sent?
Traditionally, press releases are sent to assignment editors, senior journalists and beat reporters. With the explosion of new media platforms, also targeting bloggers, podcast hosts and social media influencers boosts your potential exposure. The right person is someone who specializes in your subject.
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What reports are filed with the SEC?
Among the most common SEC filings are: Form 10-K, Form 10-Q, Form 8-K, the proxy statement, Forms 3,4, and 5, Schedule 13D, Form 144, and Foreign Investment Disclosures. The annual 10-K report, for instance, provides a comprehensive summary of a company's financial performance.
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Is the SEC still a thing?
The U.S. Securities and Exchange Commission (SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street Crash of 1929. Its primary purpose is to enforce laws against market manipulation. U.S. Securities and Exchange Commission headquarters in Washington, D.C.
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What does SEC do today?
The Securities and Exchange Commission (SEC) oversees securities exchanges, securities brokers and dealers, investment advisors, and mutual funds in an effort to promote fair dealing, the disclosure of important market information, and to prevent fraud.
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