10-Q / 10-K

  

Think: 10K as short for Tanqueray...which is what you'll need after allllll the filings you'll do to complete the required 10K submission to the SEC if you're the CFO of a public company. The 10k is all the financial and metrical and legal crap that companies must submit to the government each year. For public companies, entire forests die, providing the pulp for the paper they're printed on. The 10-k is basically everything but the B.S. letter from the CEO to shareholders that's in the full Annual Report. Its sister report is the 10Q, as in "ten-q-very-much for doing this" four times a year, so there's less work at the end. So that's Q as in Quarterly. And K as in "Oh, Krap. Why didn't they name this 10A?"

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Finance: What is Regulation Full Disclos...43 Views

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finance a la shmoop. what is regulation full disclosure or in industry parlance

00:07

reg FD ?all those whispery hallways of the 1970s and 80s

00:13

insiders muckety-mucks cheaters Liars deceivers key employees on the take [men in suits discuss stocks]

00:19

sound like the dramatic cover for a Hollywood movie and while it was and it

00:23

was real life as well. the practice of gleaning information

00:26

essentially unavailable to the average investor was a large part of the

00:30

practice of quote doing research unquote for all too many of the professional by

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side investment firms of the era. the regulator's finally noticed and began to

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crack down with only modest success for a while when finally reg FD was enacted

00:47

via the SEC in 2000. well that regulation massively prohibited the type of

00:53

discussions that could legally happen among analysts and company insiders. in

00:59

fact disclosure of much more than much more than the company name mailing

01:03

address and the product they sold was prohibited unless it was done in a

01:07

broadly available and well-publicized public forum that John Q public could [woman gives presentation]

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participate in. the goal here was to take away free money or profits or gains from

01:18

insiders leaking information you know so that investors could make bets with way

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more information on whether or not the roulette wheel of the company's

01:29

quarterly performance in earnings was going to in fact land on red twenty

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three. so yeah that's what reg FD is about. trust us we've fully disclosed

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everything we know about it and we're going modern here. modern era people come

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on get with it. [man folds arms inside casino]

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