The SEC is open...and Chairman Donaldson is on the job. Yesterday, the SEC posted its final rules on definition of "dealer" whereby it excluded banks for certain de minimus transactions - see http://www.sec.gov/rules/final/34-47364.htm.
For TheCorporateCounsel.net subscribers, we have conducted informal surveys of recent disclosures regarding disclosure controls and procedures - and posting reports on corporate websites - and analyzed the results. These results are in the "Disclosure" section of our "Practice Areas" at http://www.thecorporatecounsel.net/member/CriticalAccounting/.
Posted by broc at 07:14 AM