• SEC Disclosure Requirements for Personal Use of Aircraft
  • October 16, 2009 | Author: Suzy E. Rosov
  • Law Firm: Hinckley, Allen & Snyder LLP - Providence Office
  • Securities and Exchange Commission ("SEC") regulations undertake to improve the quality and reliability of public disclosure, to maximize the transparency of a public company's accounting and auditing policies, and to increase executive and director responsibility and accountability. This Update reviews the disclosure requirements for public companies that make their corporate aircraft available to the company's executive officers and directors for personal use.