Notice of proposal to issue a release in the accounting series regarding the use of public accountants\u27 names in connection with summary earnings tables included in registration statements filed under the Securities Act of 1933

Notice is hereby given that the Securities and Exchange Commission has under consideration a proposal to issue a release, pursuant to the Securities Act of 1933; particularly Sections 6, 1, 8, 10 and 19 (a), in its Accounting Series indicating the circumstances under which independent accountants may properly express an opinion, and the form of such opinion, with respect to summary earnings tables to be included in registration statements filed under the Securities Act of 1933

Adoption of rule 3-20 (d) of article 3 of regulation S-X

On February 25, 1953; the Commission announced, in Securities Exchange Act of 1934 Release No. 4803-X, that it had under consideration the adoption of a proposed rule concerning treatment of compensation in the form of stock options granted by corporations to their officers and employees. All interested persons were invited to submit views and comments on the proposal

Securities and Exchange Commission today announced the adoption of amendments to Rules 3-01, 3-02, 5-02, 5-04, 12-06, 12-08, and 12-14 of Regulation S-X

The Securities and Exchange Commission today announced the adoption of amendments to Rules 3-01, 3-02, 5-02, 5-04, 12-06, 12-08, and 12-14 of Regulation S-X. The changes made are part of a comprehensive revision of the reporting requirements designed to facilitate the furnishing of information with a minimum burden and expense

Disclosure concerning restricted securities

On October 21, 1969, the Commission issued a statement (Investment Company Act Release No. 5847; Accounting Series Release No. 113) which discusses the problems created by purchasing and holding restricted securities by such companies. One section of this release deals with The Problem of Disclosure and enumerates specific information regarding these securities which should be included in the financial statements

Securities and Exchange Commission today announced the adoption of an amendment to Rule 6-10 (a) (1) of Regulation S-X...

The Securities and Exchange Commission today announced the adoption of an amendment to Rule 6-10 (a) (1) of Regulation S-X so as to make the rule also applicable to schedule I (Investments in securities of unaffiliated issuers), thereby requiring such schedule to be filed only as of the date of the most recent balance sheet Instead of for each period for which a statement of income and expense is filed as presently required by Rule 6-10 (a) (2) of Regulation S-X

Amendment to rule 1-01 of article 1 and rule 5A-01 of article 5A of regulation S-X

This amendment to Rule 1-01 of Article 1 and Rule 5A-01 of Article 5A strikes out the reference in these rules to form S-11 because that form has been rescinded since the last printing of Regulation S-X

In the matter of Martin L. Sanchez, 300 North Center Street, Casper, Wyoming: Rules of Practice - Rule 2(e): Notice that initial decision has become final

Accordingly, notice is hereby given, pursuant to Rule 17(f) of the Commission\u27s Rules of Practice, that the hearing examiner\u27s initial decision with respect to Martin L. Sanchez has become the final decision of the Commission. The examiner\u27s order disqualifying Sanchez from appearing or practicing before the Commission is hereby declared effective

Computation of ratio of earnings to fixed charges

Certain registration forms under the Securities Act of 1933 require, where debt securities are to be registered, a statement of the ratio of earnings to fixed charges. Certain registration and report forms under the Securities Exchange Act of 1934 permit the showing of such a ratio. There have recently been filed with the Commission a number of registration statements wherein the registrants, in computing the ratio of earnings to fixed charges, have deducted from fixed charges amounts comprising (1) interest income or investment income earned on funds in excess of the requirements for working capital and (2) gains on retirement of debt at less than its principal amount. In some cases registrants have, in computing the pro forma ratio, imputed interest or investment income on amounts of funds to be obtained from the registered offering which is in excess of the immediate requirements for debt retirement or capital expenditures and have deducted such imputed income from the pro forma fixed charges in computing the pro forma ratio of earnings to fixed charges. Language : en

In the matter of Meyer Weiner, a certified public accountant: Order

On the basis of information obtained in a nonpublic investigative proceeding, the staff has charged (a) that Meyer Weiner of Reading, Pennsylvania, acting in his capacity as a certified public accountant, willfully aided and abetted in violations of Section 17(a) of the Securities Exchange Act of 1934 and Rule 17 CFR 240.17a-5 thereunder in that (1) he certified without qualification or exception a materially false and misleading statement of financial condition filed with the Commission by William P. Mackay, a broker-dealer doing business as Mackay and Company (Securities Exchange Act Release No. 7343, June 15, 1964), and (2) when he was not in fact independent, he certified without qualification or exception a statement of financial condition filed with the Commission by Jacob Luther Hain, another broker-dealer doing business as J. L. Hain & Co.; and (b) that, in connection with the preparation of the statements of financial condition mentioned above, there was a lack of adherence by Weiner to generally accepted auditing standards and the Commission\u27s minimum audit requirements as set forth in Form X-17A-5