SEC Orders Officers of Largest Companies To Certify the Accuracy and Completeness Of Exchange Act Reports

Topics:
Commercial Litigation
Tags:
Business Operations,
Order,
Quality,
Sales,
Sales Force Management,
SEC,
Thelen Reid & Priest,
Training And Certification
Source:
Thelen Reid & Priest

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Overview: On June 27, 2002, the Securities and Exchange Commission issued an order requiring the chief executive and chief financial officers of 945 companies personally to make a one-time certification in writing, under oath, and for publication, that their company's most recent reports filed with Commission are both complete and accurate. This article provides some thoughts on the implications of this order and what companies and their executives can do to prepare to comply with this extraordinary requirement. Some of these thoughts include key features of the order, likely impact of the order and what should companies and their senior officers do to prepare for the statements. Read on to know more on this subject.

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Format: HTML | Date: Jul 2002 | Pages: 1


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