What happens if a company is delisted from the stock exchange?

When a company delists from a major exchange, shareholders still legally own their shares, even if they’re worthless in value. Generally speaking, delisting is regarded as a precursor to the act of declaring bankruptcy.

Are SEC filings public information?

Yes, SEC filings are public information and can be retrieved for free via the EDGAR system online.

How far back do Edgar filings go?

How far back does EDGAR data go? EDGAR started in 1994/1995. Paper copies of filing documents prior to 1994 may be available by filing a Freedom of Information Act request.

What is delinquent SEC reporting?

Generally, a delinquent filer will receive a letter from the SEC giving the Company 15 days in which to make the filings current, and if such filings were not made current during that time, the SEC would institute administrative proceedings to revoke the registration of the Company’s securities.

Can the SEC delist a stock?

The law permits the SEC to ban companies from trading and be delisted from exchanges if the PCAOB is not able to audit requested reports for three consecutive years. It also requires companies to declare whether they are owned or controlled by any foreign government.

How do I find SEC registered companies?

To check and verify further its Secondary SEC Registration or Secondary License online, visit SEC Capital Market Participants Registry System at www.cmprs.sec.gov.ph.

What happens if you miss an SEC filing deadline?

If the deadline is missed, however, consequences may include loss of SEC registration, de-listing from stock exchanges as well as possible legal consequences. And there are other consequences to non-timely filings as well, that an investor or other stakeholder might want to take note of.

What are delinquent filings?

Usually, the IRS requires that you file delinquent (late) tax returns for the past six years. If you don’t file a required tax return by the due date, the IRS will charge you a 5\% per month penalty for failing to file. If you owe taxes on the return, the IRS will charge a 0.5\% per month failure to pay penalty.