The proposed rules would update various provisions of the investment adviser rules, including the rules regarding financial reporting requirements, custody, books and records, and unethical practices. (nasaa.org)
Since these markets are not regulated, the companies don't have to meet the same stringent financial reporting requirements and it's often quite difficult to get reliable financial information. (valuesignals.com)
The carrier must not be a publicly - held corporation or must not be subject to financial reporting requirements of the Securities and Exchange Commission. (fmcsa.dot.gov)