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SEC Extends Deadline for Submission of Written Materials WASHINGTON, D.C., Sept. 1, 2000 (SmartPros) The Securities and Exchange Commission has extended the deadline for the submission of written materials for the Sept. 20 public hearing on auditor independence. The deadline by which the Commission must receive copies of oral statements or summaries of testimony by those requesting to testify at the Sept. 20 public hearing has been pushed to Sept. 12, the Commission said. The hearing will be held in the William O. Douglas Room at the Commission's headquarters at 450 Fifth Street, N.W. in Washington D.C. The date by which the Commission must receive materials for the Sept. 13 hearing is still Sept. 5. The public hearing scheduled for Sept. 13 will be held in Pace University's Pace Downtown Theatre on Spruce Street between Park Row and Gold Street in New York. Requests to testify, oral statements or summaries, and written comments should be mailed to Jonathan G. Katz, Secretary, Securities and Exchange Commission, 450 Fifth Street, N.W., Washington, D.C. 20549-0609 or submitted electronically at rule-comments@sec.gov. The words "Request to Testify" should be clearly noted on the subject line of the request. All requests and other submissions also should refer to Comment File No. S7-13-00. According to SEC, the proposal would, among other things, reduce the number of audit firm employees and their family members whose investments in audit clients are attributed to the auditor; identify certain non-audit services that, if provided to an audit client, would impair an auditor’s independence; and require companies to disclose in their annual proxy statements certain information about, among other things, non-audit services provided by their auditors during the last fiscal year. -- SmartPros News Staff Send comments to information@smartpros.com 2000, Smartpros Ltd. All Rights Reserved. |
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