Talk:Commonwealth of Australia (US securities entity)

Discussion moved from main article

Hi I noticed my website was cited as a reference in relation to the article Commonwealth of Australia (US Corporation). https://en.wikipedia.org/wiki/Commonwealth_of_Australia_(US_Corporation) I have signed up as an editor but unsure how to go about the editing process, considering there are many errors in the article.

Firstly, the article states that the Commonwealth of Australia was founded on June 29 2009, when the link to the EDGAR search results has filing dating back as far as 2002. https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&filenum=033-09835&owner=include&count=40 This point alone shows that it has a much older history than what is portrayed in the article, including the reasons for the registration. The article is correct regarding the deposit guarantee scheme in 2009, but that does not explain the earlier filings, a subject which is contained in the article on my website that is reference no. 8. https://freemandelusion.com/2018/06/28/australia-is-not-a-foreign-corporation-registered-with-the-u-s-s-e-c/ It is due to obligations under US law, that entities issuing securities for sale on US markets are to be registered with the Securities Exchange Commission, under the Securities Act 1933 and Securities Exchange Act 1934.

Secondly, you may note that the type of entity is described in the article as "privately owned United States limited liability company". This is not so. There are very distinct differences between the type of SEC registration in comparison to an actual privately owned American company (Form 10-k U.S. Company) as well as a privately owned Australian company (Form 6-k Australian Company) and that of the Australian Government, (Form 18-k annual report foreign governments).

There are further errors, but I will wait until you respond to these two.

Cheers, Robert Sudy, Author of Freeman Delusion: The Organised Pseudolegal Commercial Argument in Australia.

Originally posted by @Freeman Delusion:

Bravetheif (talk) 05:09, 8 December 2020 (UTC)

Hi, thanks for correcting the article to a certain extent. I came across this AAP FactCheck article that may help you iron out a few other inconsistencies, with citations from Dr Karen Alpert, a lecturer from the University of Queensland’s School of Business, Professor Sinclair Davidson, an expert in institutional economics from RMIT University in Melbourne, and a spokeswoman for Australian Treasury.

Where it states "The entity was registered in 2002, however it largely sat dormant" is bit of a misrepresentation. Australia is a foreign nation to the US, so it started these filings with the SEC way back since the regulatory structure of the SEC first came into existence with the Security Act 1933 and the Security Exchanges Act 1934. These Acts require foreign governments selling any tradable financial products to register their offerings with the SEC, providing certain information for potential investors to make informed purchases of securities. For example, in 2006 the government filed a statement with the SEC relating to the issuance of Telstra shares, in which it then had a controlling stake. No doubt filings increased with the privatization of many public assets under successive governments from the 1970's in Australia, but the obligations have existed under US law since 1933.

Thanks, Rob Sudy.

https://www.aap.com.au/no-the-australian-government-isnt-a-privately-owned-us-company/ — Preceding unsigned comment added by Freeman Delusion (talk • contribs) 07:57, 31 January 2021 (UTC)

Requested move 12 June 2022

The following is a closed discussion of a requested move. Please do not modify it. Subsequent comments should be made in a new section on the talk page. Editors desiring to contest the closing decision should consider a move review after discussing it on the closer's talk page. No further edits should be made to this discussion.

The result of the move request was: Moved to Commonwealth of Australia (US securities entity). There is clearly consensus to move this article, as well as a rough outline on what to call this. There is a minor squabble over the best capitalization, but I think that is better resolved sometime else. (closed by non-admin page mover) — Ceso femmuin mbolgaig mbung, mellohi! (投稿) 05:28, 10 July 2022 (UTC)

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Commonwealth of Australia (US Corporation) → ? – As the article itself indicates, Australia is not a US corporation. It is registered with SEC as a foreign government. I am not sure what the new name should be (or whether this should be a separate article). Perhaps the content should be included as part of the SEC page or another page on Registration of foreign governments with SEC; or perhaps it should be renamed as Australia US Corporation Conspiracy Theory. Zhantongz (talk) 16:22, 12 June 2022 (UTC)— Relisting. ModernDayTrilobite (talk • contribs) 19:57, 20 June 2022 (UTC) — Relisting. — Ceso femmuin mbolgaig mbung, mellohi! (投稿) 07:31, 28 June 2022 (UTC)

Commonwealth of Australia (US Corporation) → Commonwealth of Australia (18-K US Securities entity) - That is proably the best way to rename it, although merging other of this kind to a general 18-K article would be a better way to do it. Techie3 (talk) 08:59, 13 June 2022 (UTC)

• Support a move because the current title is misleading, but unsure what it should be titled as. cookie monster 755 00:26, 15 June 2022 (UTC)
• Support move to Commonwealth of Australia (US Securities entity); the current title is misleading. However, 18-K does not appear to be required per WP:PRECISE and WP:CONCISE. BilledMammal (talk) 05:12, 21 June 2022 (UTC)

• I was about to move this, but why would securities be capitalized? Dekimasuよ! 02:18, 28 June 2022 (UTC)

• According to a search of entries, lower case is more common. Pegnawl (talk) 19:35, 28 June 2022 (UTC)

The discussion above is closed. Please do not modify it. Subsequent comments should be made on the appropriate discussion page. No further edits should be made to this discussion.