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The SEC is a Government commission created by Congress to regulate the securities and markets within the business world as well as the regulation and protection of the United States corporate takeovers, and is made up of five commissioners appointed by the president and senate. An example of a proper way to show the SEC your transaction would be if an insider sold 10,000 shares on Monday June 12th, he or she would have to report this change by Wednesday June 14th. Changes in insider holdings are sent to the SEC electronically as a Form 4, which details a company's insider trades or loans . The SEC also has said that insider training usually consists of company directors, officials or any other individual with a stake of 10% or more within the company itself...
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