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Securities Advisory: Accelerated Filing of Forms 4



8/21/2002

This Advisory states that, under the Sarbanes-Oxley Act, all Section 16 reporting persons must file Forms 4 before the end of the second business day after a purchase, sale or other transaction.  The Advisory provides a list of recommendations of practical guidance for public companies to prepare for accelerated disclosure reports. A sample memorandum that companies could send to its reporting officers is included in the Advisory's appendix.

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