SEC provides guidance on disclosure of sovereign debt exposures *

Global, USA - January 12 2012
On January 6, 2012, the Securities and Exchange Commission (SEC) published guidance (CF Disclosure Guidance: Topic No. 4) setting forth the views of the Staff of the SEC's Division of Corporation Finance urging banks and other financial institutions to enhance disclosure of their exposure to debt instruments of European countries.

Co-authors: Doron Loewinger, Joshua Kiernan, Ian M. Clark, Melissa Butler, Michael S. Immordino.