ELI5: Explain Like I'm 5

Regulation S-K

Regulation S-K is like a set of rules that companies have to follow when they share information with people like investors. It’s like when you have to follow certain rules when you play a game with your friends. The rules help make sure that everyone is playing fairly and doesn’t get hurt.

Regulation S-K tells companies what information they need to share, how to share it, and how often they need to share it. It’s like a checklist that tells them what they need to do to be a good and fair player.

Some of the things that companies have to share are things like their financial information, like how much money they make and what they spend it on. They also have to tell people about their business plans and risks that might affect their ability to make money in the future.

This is important because investors need this information to decide whether or not they want to invest in the company. It’s like when you decide whether or not you want to play a game with someone based on whether or not you think they will play fair.

Regulation S-K helps make sure that companies give investors the information they need to make good decisions.