Heads Up: SEC to Open the Curtains on "Window Dressing"
Volume 17, Issue 31
The attached issue of Heads Up discusses the SEC's proposed rule, Short-Term Borrowings Disclosure, and companion release, Commission Guidance on Presentation of Liquidity and Capital Resources Disclosures in Management’s Discussion and Analysis. The proposed rule would require registrants to disclose more information about their short-term borrowing arrangements and therefore help investors better understand a registrant’s financings during a period as well as at period-end. The companion release provides interpretive guidance intended to improve the overall discussion of liquidity and capital resources in MD&A.
Read more in the file attached below or visit the Heads Up Archive for past issues.
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