TheCorporateCounsel.net

May 29, 2003

The SEC is seeking to

The SEC is seeking to bar Ernst & Young from taking any new public company clients for 6 months due to alleged breaches of independence. See the Washington Post article at http://www.washingtonpost.com/wp-dyn/articles/A51527-2003May28.html.

For Section16.net subscribers, we have announced a June 24th “Nuts and Bolts” webcast on how to make Section 16 electronic filings – see http://www.section16.net/webcast/0603-b.htm.

For TheCorporateCounsel.net subscribers, we have posted a survey of the critical accounting estimate disclosures made by the Fortune 100 – courtesy of Linda Quinn, Ottilie Jarmel and Claire Horgan of Shearman & Sterling – at http://www.thecorporatecounsel.net/member/Memos/ShearmanSterling/05_28_03_Fortune100.pdf.