Tuesday, November 29, 2016 8:45:17 PM
On July 29, 2002, Congress enacted the Sarbanes-Oxley Act of 2002.22 Section 409 of this Act requires public companies to disclose "on a rapid and current basis" material information regarding changes in a company's financial condition or operations as we, by rule, determine to be necessary or useful for the protection of investors and in the public interest. These amendments also further the goals of Section 409 of the Sarbanes-Oxley Act.
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