• SEC Proposes Accelerated Periodic Reporting, Disclosure of Web Site Access, and 8-K Reporting of Officer and Director Securities Transactions
  • August 12, 2003
  • Law Firm: Duane Morris LLP - Philadelphia Office
  • On April 11, 2002, the Securities and Exchange Commission (SEC) proposed significant changes to the reporting obligations of public companies under the Securities Exchange Act of 1934. The proposed rules would: require larger, seasoned public companies to file Form 10-Q quarterly reports within 30 days of the end of each quarter and Form 10-K annual reports within 60 days of year end; require those companies to disclose in their annual reports whether they provide access to their Exchange Act reports on their Web sites; and require most reporting companies to report, on Form 8-K, information about their officers' and directors' transactions in the company's equity securities and loans to them made or guaranteed by the company.