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Disclosure Of Y2K Vulnerabilities
Is Subject Of New Book From CCH
(RIVERWOODS, ILL., December 3, 1998) -- The securities
industry is totally dependent on computers to transact
its daily business, so its not surprising that the
Securities and Exchange Commission (SEC) has been paying
special attention to the Year 2000 problem, according to CCH
INCORPORATED (CCH), a leading provider of securities,
tax and business law information. As a result, the SEC
has laid out the responsibilities of all publicly traded
companies to disclose their Y2K vulnerabilities. Now, CCH
is providing an overview of reporting, disclosure and
other SEC initiatives to deal with the millennium bug in Year
2000: SEC Disclosure (125-pages, softcover).
CCH author James Hamilton, JD, LLM, carefully assesses
how companies should evaluate their disclosure
responsibilities in light of SEC directives and general
securities law. The two-part SEC test for disclosure is
examined in detail, followed by discussion of the
material matters to be disclosed, such as state of
readiness, costs, risks and contingency plans.
However, Hamilton notes that a company might have an
obligation to provide disclosure in a "virile
unlimited number of circumstances." The
responsibilities of municipal issuers, broker-dealers,
auditors, investment companies and investment advisors
also are examined.
In addition, Year 2000: SEC Disclosure includes
an appendix with the full text of the SEC
interpretive release on "Disclosure of Year 2000
Issues and Consequences," the SEC releases on
required reports by investment advisors, broker-dealers
and transfer agents and the agencys second report
on the readiness of the industry to meet the challenges
of the year 2000.
Availability and Pricing
For more information or to order a copy of Year
2000: SEC Disclosure, call CCHs toll-free
number, 800-248-3248. Single copies are $49.95 plus
applicable shipping, handling and tax. Quantity discounts
and school adoption prices are available.
About CCH INCORPORATED
CCH INCORPORATED, headquartered in Riverwoods,
Ill., was founded in 1913 and has served four generations
of business professionals and their clients. The company
produces more than 700 electronic and print products for
the securities tax, legal, human resources, health care
and small business markets. CCH is a wholly owned
subsidiary of Wolters Kluwer U.S.
EDITORS NOTE: A photo illustration of Year
2000: SEC Disclosure and editorial review
copies of this book are available by contacting Leslie
Bonacum at 847-267-7153 or firstname.lastname@example.org.
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