The Commission shall review disclosures made by issuers reporting under section 78m(a) of this title (including reports filed on Form 10–K), and which have a class of securities listed on a national securities exchange or traded on an automated quotation facility of a national securities association, on a regular and systematic basis for the protection of investors. Such review shall include a review of an issuer’s financial statement.
15 U.S. Code § 7266 - Enhanced review of periodic disclosures by issuers
(a) Regular and systematic review
(b) Review criteriaFor purposes of scheduling the reviews required by subsection (a), the Commission shall consider, among other factors—
issuers that have issued material restatements of financial results;
issuers with the largest market capitalization;
issuers whose operations significantly affect any material sector of the economy; and
any other factors that the Commission may consider relevant.
(c) Minimum review period