8–K Trading Gap Act of 2024

Bill 118 s 5127, also known as the 8-K Trading Gap Act of 2024, is a piece of legislation introduced in the US Congress. The purpose of this bill is to address concerns regarding the trading gap that occurs between the time a company files a Form 8-K with the Securities and Exchange Commission (SEC) and when the information in the form becomes publicly available.

The bill aims to reduce the potential for insider trading and market manipulation by requiring companies to disclose material information in a more timely manner. Specifically, the bill mandates that companies must make the information contained in a Form 8-K publicly available within 24 hours of filing it with the SEC.

Additionally, the bill includes provisions to enhance transparency and accountability in the financial markets. It requires the SEC to conduct a study on the impact of the trading gap on market integrity and investor confidence, and to report its findings to Congress within one year of the bill's enactment. Overall, the 8-K Trading Gap Act of 2024 seeks to promote fairness and efficiency in the financial markets by ensuring that material information is promptly disclosed to the public, thereby reducing the potential for market abuse and protecting the interests of investors.