TheCorporateCounsel.net

The SEC just issued supplemental information regarding the Section 16 reports that get accelerated by Sarbanes-Oxley on August 29th. The release is at http://www.sec.gov/rules/other/34-46313.htm.

The SEC is encouraging electronic filing of these forms – and will allow insiders to file them in free-text format – rather than the tables in the forms themselves – so long as the order of the information is the same. This is a big accomodation – as EDGAR isn’t set up to easily accept tables yet.