The SEC Rule That Requires Public Companies to Release Material

question 27

Multiple Choice

The SEC rule that requires public companies to release material information to the public rather than release the information on a selective basis, such as in meetings with security analysts, is called:

• A) the 10-Q Report Regulation
• B) Rule 8-K
• C) Insider Trading Rule (ITR)
• D) OTC Rule
• E) none of the other choices

---

Definitions:

Payroll Register

A document or database that records the details of each employee's pay history, deductions, and net pay.

Employee's Earnings Record

A record maintained by an employer that tracks the earnings of an employee over time, including wages, salaries, bonuses, and other forms of compensation.

Cumulative Earnings

The total amount of net income a company has earned over time since its inception, excluding any dividends paid to shareholders.

Social Security Tax

A tax that finances the Social Security program, collected from both employers and employees, to fund retirement, disability, and survivorship benefits.