The SEC posted a discussion paper on improvements to financial reporting by Robert Pozen, Chairman of the SEC's Advisory Committee on Improvements to Financial Reporting. The posting includes a request for comments. The discussion paper provides a working outline, including a discussion of issues, views and potential consideration points, that the Committee may evaluate.

Please click http://www.sec.gov/rules/other/2007/33-8836.pdf to access a copy of the release containing the report.