Guarding Internal and Financial Information and financial reporting of the company
The company will no longer guard its financial information as the investors will need to know its condition. An entity that goes public shares financial information such as quarterly and annual financial statements for common stocks. These are provisions in the Securities Act, and SEC enforces this by providing forms 10-Q and 10-K to accomplish the process (Sec, n.d.). The store will offer corporate bonds financial information such as par value and coupon rate. The company has few options regarding controlling the financial information required by investors. A publicly listed company legally needs to report and disclose its financial statements to the public.