Disclosure doesn’t contradict letter or spirit of accounting recommendations
SOE disclosure intended to supplement existing accounting rules
Goal is to improve investor protection
Regulator plans rule for handling of undisclosed material information
Continuous disclosure and proxy solicitation requirements for investment funds to remain unchanged
Recommend continuing relief from sales practice rule
Regulator plans to issue further guidance
Regulator outlines circumstances when investigations ought to be disclosed
Final phase of TRACE to increase bond transaction reporting
Simple changes would contribute to greater transparency