SEC aims to crack down on tactics used to conceal debt

09/19/2010 | Bloomberg · Reuters · Washington Post, The

The Securities and Exchange Commission has voted unanimously to propose that financial firms increase disclosure about debt, as some companies have masked their debt and risk levels. Regulators are responding to concern that some firms, notably Lehman Bros., have used accounting strategies to hide debt and mislead investors.

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Bloomberg · Reuters · Washington Post, The

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