The SEC Staff Issues New Guidance On European Debt Exposures
Mondaq Business Briefing › United States Law Articles in English (2012)
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The SEC Staff Issues New Guidance On European Debt Exposures
On January 6, 2012, the staff of the U.S. Securities and Exchange Commission's Division of Corporation Finance (the "Staff") issued guidance regarding disclosures about exposure to the debt of sovereign and non-sovereign issuers in Europe. Topic No. 4 of the Staff's new "CF Disclosure Guidance" series addresses specific concerns about the adequacy of public disclosures made principally by financial institutions regarding their European debt exposures, and the potential consequences of such exposures on those issuers.1 The Staff encourages ...
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