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Act 16 Sec:___ Date:___ Name: ___ The figure shows two thin rods of equal mass m and length L 2 m. (a)What is the xcomponent of the center of mass, xcom, of this system of two rods?(b)What is the
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Act 16 sec date refers to the filing date required by Section 16 of the Securities Exchange Act, which mandates that certain insiders of public companies report their transactions in the company's securities.
Individuals classified as insiders, including officers, directors, and large shareholders owning more than 10% of a company's stock, are required to file an Act 16 sec date.
To fill out an Act 16 sec date form, insiders must provide details such as the date of the transaction, amount of securities bought or sold, price per share, ownership type, and any related party transactions.
The purpose of Act 16 sec date is to enhance transparency in the securities market by requiring insiders to disclose their trades, thereby minimizing the potential for insider trading.
Information that must be reported includes the name of the insider, relationship to the company, transaction dates, types of securities, quantities of shares bought or sold, and the price at which the transaction occurred.
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