Securities Offerings and Financial Statements

Summary

This practice note discusses the rules and regulations applicable to financial statements included in disclosure documents filed with the Securities and Exchange Commission (SEC). When an issuer registers a securities offering with the SEC on the applicable form (e.g., Form S-1 or Form S-3; or for foreign companies, Form F-1 or Form F-3), it is required to include comprehensive financial statements and selected financial information in its registration statement.