2018 US Code
Title 15 - Commerce and Trade
Chapter 98 - Public Company Accounting Reform and Corporate Responsibility
Subchapter IV - Enhanced Financial Disclosures
Sec. 7266 - Enhanced review of periodic disclosures by issuers
| 15 U.S.C. § 7266 (2018) |
| §7266. Enhanced review of periodic disclosures by issuers |
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(a) Regular and systematic review
The Commission shall review disclosures made by issuers reporting under section 78m(a) of this title (including reports filed on Form 10–K), and which have a class of securities listed on a national securities exchange or traded on an automated quotation facility of a national securities association, on a regular and systematic basis for the protection of investors. Such review shall include a review of an issuer's financial statement. (b) Review criteriaFor purposes of scheduling the reviews required by subsection (a), the Commission shall consider, among other factors— (1) issuers that have issued material restatements of financial results; (2) issuers that experience significant volatility in their stock price as compared to other issuers; (3) issuers with the largest market capitalization; (4) emerging companies with disparities in price to earning ratios; (5) issuers whose operations significantly affect any material sector of the economy; and (6) any other factors that the Commission may consider relevant. In no event shall an issuer required to file reports under section 78m(a) or 78o(d) of this title be reviewed under this section less frequently than once every 3 years. |
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(Pub. L. 107–204, title IV, §408, July 30, 2002, 116 Stat. 790.) |
| United States Code, 2018 Edition, Title 15 - COMMERCE AND TRADE |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 15 - COMMERCE AND TRADE CHAPTER 98 - PUBLIC COMPANY ACCOUNTING REFORM AND CORPORATE RESPONSIBILITY SUBCHAPTER IV - ENHANCED FINANCIAL DISCLOSURES Sec. 7266 - Enhanced review of periodic disclosures by issuers |
| section 7266 |
| 2018 |
| January 14, 2019 |
| No |
| standard |
| 116 Stat. 790 |
| Public Law 107-204 |
