The SEC wants to require companies to give investors more information...

The SEC wants to require companies to give investors more information about key events such as lockouts on 401(k)-type retirement plans and ESOPs, and to file annual reports within 60 days after the end of their financial year, instead of the current 90-day requirement. Also, companies would have to file quarterly financial reports within 30 days, instead of 45 days. Once issued, the proposal will be open to public comment.