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. Licensed For Reinsurance Only

    A license that allows a company to engage in services related ...
Related Articles
  1. Quality financial reports allow for effective, informative fundamental analysis.
    Investing Basics

    The Importance Of Corporate Transparency

  2. Options & Futures

    An Investor's Checklist To Financial ...

  3. Investing

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

  4. Fundamental Analysis

    What are some examples of how cash flows ...

Hot Definitions
  1. Turkey

    Slang for an investment that yields disappointing results or turns out worse than expected. Failed business deals, securities ...
  2. Conduit Issuer

    An organization, usually a government agency, that issues municipal securities to raise capital for revenue-generating projects ...
  3. Financing Entity

    The party in a financing arrangement that provides money, property, or another asset to an intermediate entity or financed ...
  4. Hyperinflation

    Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is ...
  5. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
  6. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
Trading Center