Create an Account
username: password:
 
  MemeStreams Logo

SEC votes to require CEOs

search

Decius
Picture of Decius
Decius's Pics
My Blog
My Profile
My Audience
My Sources
Send Me a Message

sponsored links

Decius's topics
Arts
  Literature
   Sci-Fi/Fantasy Literature
  Movies
   Sci-Fi/Fantasy Films
  Music
   Electronic Music
Business
  Finance & Accounting
  Tech Industry
  Telecom Industry
  Management
  Markets & Investing
Games
Health and Wellness
Home and Garden
  Parenting
Miscellaneous
  Humor
  MemeStreams
Current Events
  War on Terrorism
Recreation
  Cars and Trucks
  Travel
Local Information
  United States
   SF Bay Area
    SF Bay Area News
Science
  Biology
  History
  Math
  Nano Tech
  Physics
Society
  Economics
  Politics and Law
   Civil Liberties
    Internet Civil Liberties
    Surveillance
   Intellectual Property
  Media
   Blogging
Sports
Technology
  Computer Security
  Macintosh
  Spam
  High Tech Developments

support us

Get MemeStreams Stuff!


 
SEC votes to require CEOs
Topic: Economics 5:13 pm EDT, Jun 12, 2002

Federal regulators voted tentatively Wednesday to require chief executives to personally vouch for their companies’ financial reports, a Bush administration initiative inspired by the collapse of Enron Corp.
COMPANIES ALSO WOULD have to make public important changes in their operations much faster and report a wider group of changes under the new rules of by the Securities and Exchange Commission.
The “8-K” form for reporting significant events or corporate changes important to investors would have to be filed with the SEC within two business days, rather than the current requirement of five days for some items and 15 days for others.
Among the new items that would have to be reported in the 8-K: the sort of off-balance-sheet transactions that helped topple Enron and unexpected departures of top executives, senior managers or directors.

SEC votes to require CEOs



 
 
Powered By Industrial Memetics
RSS2.0