SEC Form 20-F

AAA

DEFINITION of 'SEC Form 20-F'

A form issued by the Securities and Exchange Commission (SEC) that must be submitted by all "foreign private issuers" that have listed equity shares on exchanges in the United States. Form 20-F calls for the submission of an annual report within six months of the end of the company's fiscal year, or if the fiscal year-end date changes.

The reporting and eligibility requirements for form 20-F are stated in the Securities Exchange Act of 1934. The information requirements are not as strict as for domestic U.S. companies; companies in which less than 50% of voting shares are held by U.S. investors may be eligible.

INVESTOPEDIA EXPLAINS 'SEC Form 20-F'

Once a company is deemed ineligible for foreign private issuer status, it must file the same forms as regular filers, such as 8-k, 10-Q, and 10-K reports, as well as reconciling accounting statements to GAAP standards.

The goal of Form 20-F is to standardize the reporting requirements of foreign-based companies so that investors can evaluate these investments alongside domestic equities.

RELATED TERMS
  1. SEC Form 10-Q

    A comprehensive report of a company's performance that must be ...
  2. Annual Report

    1. An annual publication that public corporations must provide ...
  3. Listed Security

    A financial instrument that is traded through an exchange, such ...
  4. Passive Foreign Investment Company ...

    A foreign-based corporation that has one of the following attributes: ...
  5. Securities And Exchange Commission ...

    A government commission created by Congress to regulate the securities ...
  6. Kickback

    The payment of something of value to an individual with the goal ...
Related Articles
  1. The Importance Of Corporate Transparency
    Investing Basics

    The Importance Of Corporate Transparency

  2. An Investor's Checklist To Financial ...
    Options & Futures

    An Investor's Checklist To Financial ...

  3. What does the law say about non-U.S. ...
    Investing

    What does the law say about non-U.S. ...

  4. The Government And Risk: A Love-Hate ...
    Insurance

    The Government And Risk: A Love-Hate ...

comments powered by Disqus
Hot Definitions
  1. Elasticity

    A measure of a variable's sensitivity to a change in another variable. In economics, elasticity refers the degree to which ...
  2. Tangible Common Equity - TCE

    A measure of a company's capital, which is used to evaluate a financial institution's ability to deal with potential losses. ...
  3. Yield To Maturity (YTM)

    The rate of return anticipated on a bond if held until the maturity date. YTM is considered a long-term bond yield expressed ...
  4. Net Present Value Of Growth Opportunities - NPVGO

    A calculation of the net present value of all future cash flows involved with an additional acquisition, or potential acquisition. ...
  5. Gresham's Law

    A monetary principle stating that "bad money drives out good." In currency valuation, Gresham's Law states that if a new ...
  6. Limit-On-Open Order - LOO

    A type of limit order to buy or sell shares at the market open if the market price meets the limit condition. This type of ...
Trading Center