Dodd-Frank.com

SEC to Propose Rules on Disclosures Related to Short-Term Borrowings

By | September 10, 2010

The SEC has announced that on September 17, 2010 it will hold an open meeting to┬áconsider whether to propose rules that would require a public company to provide certain disclosures about its short-term borrowings in its filings with the Commission. The Commission will also consider whether to publish an interpretive release to provide guidance regarding the Commission’s current disclosure requirements in “Management’s Discussion and Analysis of Financial Condition and Results of Operations” relating to liquidity and capital resources.

Looks like a response to the Lehman situation to me.

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