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Sarbanes Oxley
Act |
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SEC. 409. REAL TIME
ISSUER DISCLOSURES.
Section 13 of the
Securities Exchange Act of 1934 (15
U.S.C.
78m), as amended by
this Act, is amended by adding at the
end
the
following:
‘‘(l) REAL TIME ISSUER
DISCLOSURES.—Each issuer
reporting
under section 13(a)
or 15(d) shall disclose to the public on a
rapid
and current basis
such additional information concerning
material
changes in the
financial condition or operations of the issuer,
in
plain English, which
may include trend and qualitative
information
and graphic
presentations, as the Commission determines, by
rule,
is necessary or
useful for the protection of investors and in
the
public
interest.’’.
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