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Registration of a Public Offering with the Securities and Exchange Commission

A company that decides to sell its stock to the public must file a registration statement with the Securities and Exchange Commission. The registration statement is made public as it is filed. However, the company may not sell its securities...

Independent Director Requirements for Companies on the New York Stock Exchange

Independent directors must make up the majority of the board of directors of any company listed on the New York Stock Exchange, according to NYSE Rule 303A.01. The board of directors of each company on the Exchange is responsible for determining...

Director Committees for NASDAQ-Listed Companies

Required Independent Director Committees for NASDAQ-Listed Companies

Independent directors must make up the majority of the board of directors of every company listed on the NASDAQ Stock Exchange. In...

Insider Trading

The purchase or sale of securities of a company on the basis of inside or non-public material information about the company is considered illegal when the transaction is in breach of a fiduciary duty or a relationship of trust...

Securities Trading Halts, Delays, and Suspensions

The Securities and Exchange Commission may suspend trading in a security for up to ten days. Securities exchanges such as the New York and American Stock Exchanges and Nasdaq may delay trading in a security at the beginning of a trading day or...