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