New SEC Staff Comment Letters Database Speeds Access to Guidance on Point

(RIVERWOODS, ILL., October 3, 2007) – The important guidance that the U.S. Securities and Exchange Commission provides through Comment Letters is now easier to navigate and use in the online environment of the CCH Internet Research NetWork TM in SEC Staff Comment Letters from Wolters Kluwer Law & Business ( Now available as a stand-alone product as well as part of the Federal Securities Regulation Integrated Library, SEC Staff Comment Letters provides insight into the minds of SEC staffers as they communicate what they expect companies to disclose in their filings. Wolters Kluwer Law & Business is a leading provider of specialized business compliance information and software, whose leading brands include CCH and Aspen Publishers.

SEC Staff Comment Letters is a collection of all staff comment letters and issuer responses made available by the SEC dating from August, 2004 to the present. This database reproduces the text of letters describing questions or concerns the staff has about a particular SEC filing. The database also reproduces the text of the issuer’s response to those comments.

“With a database of over 50,000 letters that continues to grow rapidly, we’ve added new organizational features to SEC Staff Comment Lettersso that users can expedite and simplify their research,” said Peggy L. Hayner, product manager.

New Organization of Letters

A major new feature is the organization of letters by category. Categories include: registrations; proxy materials; periodic and current reports; Williams Act filings (mergers and acquisitions); mutual funds; and other filings. Documents are sorted in most-recent-to-oldest order based on the public availability date.

Within each category, the user is able to search by all documents or by specific document types. For example in registrations, the forms are separately listed from 8-A to 10-SB, F-1 to F-80, S-1 to S-20, SB-1 and SB-2. Forms and schedules are similarly broken out for ease of searching the other categories.

Additional search options include date searching based on public availability date, citation searching and searches by company name (using the full-text searching capability). Forms and schedules include handy links to the text of the source form or schedule to allow for quick reference to SEC disclosure requirements.

“SEC comment letters are extremely valuable because of the granular guidance they offer to companies and the accountants and attorneys tasked with preparing or reviewing corporate financial statements, MD&A and other SEC disclosures,” said Wolters Kluwer Law & Business Principal Analyst Jim Hamilton, JD, LLM. “Now they can s ave research time in accessing this important resource.”

Availability and Pricing

For more information or to subscribe to SEC Staff Comment Letters , call 1-888-224-7377 to speak with a Sales Representative. More information about the new SEC Staff Comment Letters can also be found at

SEC Staff Comment Letters with its new organization and functionality will remain available to current Federal Securities Law Reporter customers at no additional cost for the remainder of 2007 and until renewal of the Federal Securities Law Reporter subscription in 2008. SEC Staff Comment Letters will continue to be a part of the complete Federal Securities Regulation and Corporate Governance Integrated Libraries.

About Wolters Kluwer Law & Business

Wolters Kluwer Law & Business is a leading provider of research products and software solutions in key specialty areas for legal and business professionals, as well as casebooks and study aids for law students. Its major product lines include Aspen Publishers, CCH, Kluwer Law International and Loislaw. Its markets include law firms, law schools, corporate counsel and professionals requiring legal and compliance information. Wolters Kluwer Law & Business, a unit of Wolters Kluwer, is based in New York City and Riverwoods, Ill.

Wolters Kluwer is a leading global information services and publishing company. The company provides products and services for professionals in the health, tax, accounting, corporate, financial services, legal and regulatory sectors. Wolters Kluwer has 2006 annual revenues of €3.7 billion, employs approximately 19,900 people worldwide and maintains operations across Europe, North America, and Asia Pacific. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Its shares are quoted on the Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. For more information, visit

-- ### --