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. Book Value Reduction

    Reducing the value at which an asset is carried on the books ...
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. Payback Period
    Investing

    Payback Period

Hot Definitions
  1. Return On Sales - ROS

    A ratio widely used to evaluate a company's operational efficiency. ROS is also known as a firm's "operating profit margin". ...
  2. Halloween Strategy

    An investment technique in which an investor sells stocks before May 1 and refrains from reinvesting in the stock market ...
  3. Halloween Massacre

    Canada's decision to tax all income trusts domiciled in Canada. In October 2006, Canada's minister of finance, Jim Flaherty, ...
  4. Zombies

    Companies that continue to operate even though they are insolvent or near bankruptcy. Zombies often become casualties to ...
  5. Witching Hour

    The last hour of stock trading between 3pm (when the bond market closes) and 4pm EST. Witching hour is typically controlled ...
  6. October Effect

    The theory that stocks tend to decline during the month of October. The October effect is considered mainly to be a psychological ...
Trading Center