SEC likely to propose rules on completeness of disclosures
Jun 03, 2002
In a (PDF 54k) before the Rocky Mountain Securities Conference, Alan L.
We will be recommending to the Commission in the near future that it propose rules that will require [individual corporate] leaders to certify that everything they know that they believe is important to investors has been disclosed in a company's periodic reports. This is a simple but powerful approach. We believe that it will increase involvement of corporate leaders in disclosure, make them focus on what they themselves consider important and improve the overall quality of a company's reports.