On February 23, 2010, the SEC issued technical corrections to its proxy disclosure enhancement rules adopted on December 16, 2009. Specifically, the SEC corrected Form 10-Q and Form 10-K to retain the current numbering of the items appearing in each form (rather than renumbering such items as provided in the December 16, 2009 adopting release) to avoid confusion that might otherwise arise from references to the current numbering in professional literature. As a result, for Form 10-Qs and Form 10-Ks filed on or after March 1, 2010, the title and substance of Part II, Item 4 of the Form 10-Q and Part I, Item 4 of the Form 10-K should be deleted and the word “Reserved” should be inserted in its place.
In addition, the SEC made changes to Form 8-K to conform it to the proxy disclosure enhancement rules, including adding an instruction that corresponds to an instruction contained in Form 10-Q and Form 10-K that allows certain wholly-owned subsidiaries to omit the disclosure of shareholder voting results. The technical corrections became effective on February 28, 2010.