Problem:
Dr. Washington has caught on quickly to the investment fundamentals you have explained and is ready for the next step of gathering and analyzing investment information. You decide to spend time explaining how and where to gather information. You point out to Dr. Washington that legislation within the last 10 years has made it easier to gather financial information on publicly traded companies. In addition, you want to focus on how to analyze investment information once it has been gathered.
Discuss where to gather investment information and where to find the legislation enacted that makes information more readily available.
Research the Securities and Exchange Commission (SEC), S&P Industry Surveys, Securities Industry and Financial Market Association (SIFMA), Regulation Fair Disclosure, and Sarbanes-Oxley.
Using the information you acquired from your research, answer the following questions:
- What kind of information is collected by the SEC?
- What is the objective of S&P Industry Surveys?
- Which types of entities are represented by SIFMA?
Briefly describe the following pieces of legislation:
- Regulation Fair Disclosure
- Sarbanes-Oxley