Question

which act regulates ongoing reporting by companies whose companies securities are listed and traded on a stock exchange or that possess assets greater than $10 million and its equity securities are held by 500 or more persons?

Answer 1

Securities Exchange Act of 1934 regulates ongoing reporting by companies whose companies securities are listed and traded on a stock exchange or that possess assets greater than $10 million and its equity securities are held by 500 or more persons.

In order to ensure better financial openness and accuracy and less fraud or manipulation, the Securities Exchange Act of 1934 (SEA) was developed to regulate securities transactions in the secondary market, after issue. The regulations specified in the SEA of 1934 must be followed by all businesses that are listed on a stock exchange. The Securities Exchange Act of 1934's regulations were put in place to promote fairness and investor confidence. The Securities Act of 1933, which compelled companies to disclose certain financial information, including stock sales and distribution, was followed by the Securities Exchange Act of 1934 (SEA).

To know more about Securities Exchange Act of 1934 refer:

brainly.com/question/14311769

#SPJ4