Monday, December 19, 2005

SEC to Revisit 'One Size Fits All'


Advisory committee would also redefine ''small company, which might help more businesses be more competitive.

The Securities and Exchange Commission's Advisory Committee on Smaller Public Companies is expected to make preliminary recommendations for its final report when it meets next Wednesday.

According to an agenda published on the SEC website, the committee will vote on recommendations regarding four major issues: capital formation, accounting standards, corporate governance and disclosure, and internal control over financial reporting. It will then discuss a timetable and next steps to be taken; its final report is due in April.

See full Article.