May 2, 2003
In anticipation of next Monday’s
In anticipation of next Monday’s “going live” for Section 16 e-filing, the SEC staff released some FAQs yesterday. Some of these FAQs are not necessarily consistent with past practice in filing out Section 16 forms – so it is good reading. See http://www.sec.gov/divisions/corpfin/sec16faq.htm.
SEC chair William Donaldson sent a stern letter to Morgan Stanley’s chair regarding comments made that downplayed Morgan Stanley’s role in the behavior that led to the global settlement reached this past Monday. A related article is at http://www.washingtonpost.com/wp-dyn/articles/A2769-2003May1.html. If you want a copy of Donaldson’s letter, send an email to broc.romanek@thecorporatecounsel.net.
For TheCorporateCounsel.net subscribers, we have posted an excellent interview with John Jenkins regarding the impact of Sarbanes-Oxley on small companies at http://www.thecorporatecounsel.net/member/InsideTrack/04_28_03_Jenkins.htm.