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UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549FORM 10K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December
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SEC revisions to Rule 144 are changes made by the Securities and Exchange Commission to update the conditions under which restricted and control securities can be sold to the public, enhancing the process and clarifying requirements.
Individuals or entities that wish to sell restricted or control securities under Rule 144 are required to file the necessary documentation with the SEC.
Filling out SEC revisions to Rule 144 typically involves completing the Form 144, which includes information such as the seller's identity, the number of shares, the dates of the sale, and the intended manner of the sale.
The purpose of SEC revisions to Rule 144 is to facilitate the resale of restricted securities while ensuring that the market is informed of the transactions and to protect investors.
The information that must be reported includes the name of the seller, the number of securities to be sold, the class of the securities, and any relevant resale limitations.
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