• Disclosure of Off-Balance Sheet Arrangements and Aggregate Contractual Obligations
  • June 12, 2003 | Authors: Charles J. McCarthy; Scott J. Moore; A. Joseph Warburton
  • Law Firm: Jenner & Block LLP - Chicago Office
  • On January 22, 2003, the SEC adopted rule amendments to require an issuer to provide an explanation of its off-balance sheet arrangements in a separately captioned subsection of the MD&A contained in the issuer's disclosure documents. In addition, the amendments also require issuers (other than small business issuers) to provide an overview of certain known contractual obligations in a tabular format.