What Is The Difference Between A Reporting And A Non-reporting Company?
A reporting company is a company that reports under the Securities & Exchange Act of 1934. Most of the companies that are commonly known as public companies are reporting companies. Companies that you are familiar with that are traded on an exchange, such as the New York Stock Exchange, or that are traded on NASDAQ are reporting companies. If, for any reason, you request a Rule 144 letter under the mistaken belief you hold the stock of a reporting company, and you are actually holding shares of an unregistered company, Rule144letter.com will notify you of this and offer a prompt refund.