Exchange-Traded Funds, or ETFs, have been on the market for around 30 years and are now considered a mainstream investment ...

SEC Rule 144A allows QIBs to buy and sell privately placed securities without requiring a public offering. This improves liquidity in the private market, benefiting both issuers and investors.

The SEC achieves this through mandatory reporting requirements, which compel companies to disclose accurate financial information via regular filings like Form 10-K (annual report) and Form 8-K ...