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SEC to tighten reporting rules without waiting for Congress
SEC Chairman Harvey Pitt said regulators will move quickly to tighten corporate disclosure and require swifter filing of quarterly and annual reports along with officers and directors stock trades. He warned that failure to act could invite Enron style damage, as Congress debates reforms and a possible independent accounting oversight body.
MENTIONED IN THIS ARTICLE
Washington
Congress
Securities Po A Exchange Commission
Frig
The
SEC
Harvey Pitt
Enron
Justice Department
Arthur Andersen
Pitt
Henry Waxman
Senate
Cindy Olson
Waxman
California Democrat
Kenneth Lay
Skilling
Joseph Sutton
Houston
Lieberman
Portland General Electric
Oregon
Olson