SEC Form U-12-1B

AAA

DEFINITION of 'SEC Form U-12-1B'

A statement that was required to be filed annually with the SEC regarding the actions of employees of registered holding companies. The SEC Form U-12-1B follows form U-12-1A, which listed all employees of holding companies. Both forms were required by Section 12 (1) of the Public Utility Holding Company Act (PUHCA) of 1935. As a result of the repeal of PUHCA in 2006, Forms U-12-1B and U-12-1A are now obsolete.

INVESTOPEDIA EXPLAINS 'SEC Form U-12-1B'

Following the stock market crash of 1929 and the Great Depression of the 1930s, a number of antitrust measures and securities laws were introduced to forestall a repeat of these events. One of these antitrust measures was PUHCA, which was enacted in 1935 to regulate the electric utilities industry and curb its power, as the eight largest utility holding companies controlled almost 75% of the industry. PUHCA remained in effect in most of its original form for more than 55 years, until it was reformed by the Energy Policy Act (EPACT) of 1992. After the introduction of the Energy Policy Act of 2005, PUHCA was repealed in February 2006.




RELATED TERMS
  1. SEC Form 1-E

    A notification form required by the SEC. This form lists all ...
  2. Securities And Exchange Commission ...

    A government commission created by Congress to regulate the securities ...
  3. SEC Fee

    A nominal fee that was created by the Securities Exchange Act ...
  4. SEC Form F-1

    A filing with the Securities and Exchange Commission (SEC) required ...
  5. Securities Act Of 1933

    A federal piece of legislation enacted as a result of the market ...
  6. Libel

    Libel is publishing a statement about someone in written form ...
RELATED FAQS
  1. Where can I find a company's annual report and its SEC filings?

    Thanks to the Internet, finding financial reports is easier than ever. Nowadays, every reputable company has an investor ... Read Full Answer >>
  2. What parties are involved in the creation of an American depositary receipt?

    An American depositary receipt (ADR) is a legal certificate issued by a recognized U.S. bank that represents a specific number ... Read Full Answer >>
  3. What role does the Inspector General play with the Securities and Exchange Commission?

    The inspector general of the U.S. Securities and Exchange Commission (SEC) oversees, audits and conducts investigations of ... Read Full Answer >>
  4. How long does it take to execute an M&A deal?

    Even the simplest merger and acquisition (M&A) deals are challenging. It takes a lot for two previously independent enterprises ... Read Full Answer >>
  5. How is trading volume regulated by the Securities and Exchange Commission (SEC)?

    The U.S. Securities and Exchange Commission (SEC) has trading volume as a requirement for selling securities that are otherwise ... Read Full Answer >>
  6. What do I do if I think an accountant is in violation of the Generally Accepted Accounting ...

    The Financial Accounting Standards Board (FASB) promulgates generally accepted accounting principles (GAAP) in the United ... Read Full Answer >>
Related Articles
  1. Investing Basics

    SEC Filings: Forms You Need To Know

    The forms companies are required to file provide a clear view of their histories and progress.
  2. Investing Basics

    Policing The Securities Market: An Overview Of The SEC

    Find out how this regulatory body protects the rights of investors.
  3. Trading Strategies

    IPO Flippers And The Companies Who Hate Them

    Learn how flipping activity affects an initial public offering.
  4. Professionals

    SEC to Advisors: Implement Cybersecurity Plans

    Advisors need to take heed of new SEC guidelines to beef up cybersecurity. Here's what they look like and what some firms are doing.
  5. Taxes

    Gay Weddings Mean Big Business

    The coming boom in same sex marriages represents a money-making opportunity for anyone in the wedding industry.
  6. Investing

    Top Tips on Catering to Millennial Clients

    The economic impact of Millennials is rapidly growing. Here's how to reach them.
  7. Investing

    What Can A Conference Call Tell About Trends?

    Messages in a company conference call can be easily misconstrued. But there is a way to cut through the talking points to get to the real substance.
  8. Fundamental Analysis

    How Patent Trolls Hurt Competition

    Patent trolls are known to have a negative impact on the overall business ecosystem. Investopedia explores how.
  9. Economics

    4 Challenges Uber Will Face In The Next Years

    Uber is growing but also facing tough challenges both in America and abroad.
  10. Investing Basics

    Who Are Patent Trolls & How Do They Work?

    Patent trolls are in the business of patent litigation, enforcing their patent rights against alleged infringers through license fees and lawsuits.

You May Also Like

Hot Definitions
  1. OsMA

    An abbreviation for Oscillator - Moving Average. OsMA is used in technical analysis to represent the variance between an ...
  2. Investopedia

    One of the best-known sources of financial information on the internet. Investopedia is a resource for investors, consumers ...
  3. Unfair Claims Practice

    The improper avoidance of a claim by an insurer or an attempt to reduce the size of the claim. By engaging in unfair claims ...
  4. Killer Bees

    An individual or firm that helps a company fend off a takeover attempt. A killer bee uses defensive strategies to keep an ...
  5. Sin Tax

    A state-sponsored tax that is added to products or services that are seen as vices, such as alcohol, tobacco and gambling. ...
  6. Grandfathered Activities

    Nonbank activities, some of which would normally not be permissible for bank holding companies and foreign banks in the United ...
Trading Center
×

You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!