SEC to launch sweeping reports study
Christopher Cox announces comprehensive review of company reporting and the ease of investors access to information
Christopher Cox, the Securities and Exchange Commission chairman has started
a review of the way companies report to the commission and how investors acquire
Questions will be asked as to how the SEC acquires information from public
companies, mutual funds, brokers and other regulated entities and how it makes
that information available to investors and the markets.
The report aims to review all SEC forms and reporting requirements with a
special focus on needless redundancy.
Cox said: ‘The SEC, with so much new technology available to improve the
quality of information for investors as well as the way investors acquire it,
we’re initiating a broad, introspective look at our business model’.