SEC proposes faster Form 8-K reporting and other reforms.

• Author: Greenspan, Alan
• Position: SEC News - Brief Article

The SEC recently issued proposed amendments to Form 8-K under the Securities Exchange Act of 1934, requiring companies to report transactions by executive officers.

The amendments respond to investors' needs for timely disclosure on EDGAR of transactions and other arrangements relating to executive officers and directors.

The proposals would require domestic companies with a class of equity security registered under Sec. 12 of the Exchange Act to report information on Form 8-K such as executive officers' and directors' transactions in company equity securities; their plans and other arrangements for the purchase or sale of company equity securities; and loans of money to directors and executive officers made or guaranteed by the company or an affiliate of the company.

Reports of transactions and loans with an aggregate value of...