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I just purchased my first 100 shares of stock this year in November, and as you may have guessed I didn't really know what I was doing. My close friend studying finance invested close to $10,000 within the last 7 years with pretty good return if he was to sell now (and of course the thought of easy money can always have its influence). I threw in $500 and if I sell today I will have only lost about $40.
After reading further about the SEC, I was glad to know that this commission provides a type of "check and balance" in favor of the investor by promoting the disclosure of important market related information and fair dealing while also protecting against fraud. If you own a share or just a percentage of a share of a public company you will be happy to know that the SEC has regulated that they provide publicly their financial statements.
Ross, S. A., Jordan, B. D. & Westerfield, R. W. (2013). Fundamentals of Corporate Finance, 10th Ed. New York, NY: McGraw-Hill/Irwin.© BrainMass Inc. brainmass.com October 10, 2019, 7:51 am ad1c9bdddf
Although SEC regulates publicly listed companies and ensure investors that companies comply with prescribed laws and regulations and provide accurate, reliable and timely financial and ...
This solution discusses the points that need to be kept in mind before making investments in equities.