Securities


To help airlines and insurers quickly raise essential capital in the wake of the September 11 terrorist attacks, the SEC simplifies its securities registration process and sets up special telephone (202-942-2816) and e-mail ( cfhotline@sec.gov ) response systems to answer registrants’ financing and disclosure questions. ( www.sec.gov/news/press/2001-107.txt )

The SEC asks securities brokers and dealers, investment advisers, mutual fund companies and transfer agents to voluntarily provide any information they have on the growing list of individuals and organizations the FBI is investigating in relation to the Pentagon and World Trade Center attacks. ( www.sec.gov/news/press/2001-103.txt )

The SEC proposes amendments to regulation S-T, which governs the commission’s electronic data gathering, analysis and retrieval (EDGAR) system. The changes would require foreign private issuers and foreign governments to submit their securities filings through EDGAR. According to the SEC, this would increase efficiency and give the public easier access to information on foreign registrants, who currently are permitted, but not required, to file electronically. Comments are due to the SEC by December 3. ( www.sec.gov/rules/proposed.shtml )

SPONSORED REPORT

Building client loyalty with payroll services

In this report, CPA experts detail their tactics for performing successful payroll services, how to mitigate risk in the process, and the impact payroll can have as a value-added service.

PODCAST

Using drones to enhance audits

Hermann Sidhu, CPA, global assurance digital leader at EY, walks us through EY’s exciting new project to use drones to help audit large warehouses and outdoor inventories.