Home / World Business
Thu, Aug 29, 2002 - Page 12 News List

SEC adopts fast disclosure rules

REGULATIONS With corporate heavyweights like Coca-Cola and Eastman Kodak in dissent, new rules say earnings and stock trading data must be released more quickly

BLOOMBERG , WASHINGTON

The SEC's original proposal called for the quarterly deadline to be cut to 30 days, which the SEC agreed to change to 35 days.

"We're pleased to see that the SEC adopted a measured approach to the rule," said Kodak spokesman Gerard Meuchner, referring to the gradual phase-in.

This story has been viewed 2353 times.
TOP top