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Sworn Statements by Companies' Top Officials. Is It Enough?

The US Securities and Exchange Commission (SEC) released a list of the 947 largest SEC publicly registered trading companies whose top officials are required to file sworn statements attesting to the accuracy of their companies' most recent annual and quarterly financial reports. Designed to boost investor confidence during this time of impinging investment dishevel and uncertainty, most statements from the required companies are expected to be received around the 14th of August, the time when most companies' next quarterly statements are due. The Commission issued an order on June 27 requiring the filing of the sworn statements, and announced that the statements will be posted "as soon as practicable" after they have been received, scanned, and electronically processed. According to the SEC, the processing of these statements should be completed during the week of August 19th. For more information concerning this story, users may access the first two news articles listed above. The third link leads to the complete list of companies required to file sworn statements with the Commission, the fourth link leads to a copy of the June 27th order requiring the filing of the sworn statements, and the fifth link leads to the statement by the SEC regarding the June 27th order. Finally, for interested viewers, the sixth link leads to the SEC's home page.
Scout Publication
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Date Issued
2002
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Date of Scout Publication
August 2nd, 2002
Date Of Record Creation
April 8th, 2003 at 9:20am
Date Of Record Release
April 8th, 2003 at 9:20am
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