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schedule 13d

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Financial Dictionary

Schedule 13D

An form that must be filed with the SEC under Rule 13D when a person or group acquiring more than 5% of any class of a company's shares to disclose this information within 10 days of the transaction. Rule 13D requires the owner to also disclose any other person who has voting power or the power to sell the security.

Investopedia Commentary

Once the disclosure is made to the SEC, the company and the exchange(s) on which the company trades are notified of the new beneficial owner.

You can find most company's 13D filings in the SEC's EDGAR database.

Related Links

Policing The Securities Market: An Overview Of The SEC
Defining Illegal Insider Trading

See also: EDGAR, Exchange, Issuer, SEC, Securities Act of 1933

Also spelled: Schedule 13d

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Financial Dictionary

Schedule 13D

An SEC form required of anyone who acquires ownership of 5% or more of any publicly traded corporation's equity securities. The schedule must be filed with the SEC within ten business days of the date on which the 5% threshold has been reached.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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