What's New in the Division of Corporation Finance
May 2007

Compliance and Disclosure Interpretations

• Exchange Act Section 16 and Related Rules and Forms, May 23, 2007

No-Action, Interpretive and Exemptive Letters

• Verint Systems Inc., May 24, 2007
   
• Smart Move, Inc., May 16, 2007
   
• Morgan Stanley & Co. Incorporated, May 11, 2007
   
• Equitable Resources, Inc., April 25, 2007
   
• Vail Resorts, Inc., April 25, 2007
   
• Nicor, Inc., March 29, 2007
   
• Banc of America Securities LLC, March 20, 2007 (supplemental letter)
   
• Wilmington Trust Company, March 12, 2007

Roundtables

• Roundtable Discussions Regarding the Proxy Process

Division Speeches and Public Statements

• SEC's Proposed Interpretive Guidance to Management for Section 404 of Sarbanes-Oxley Act, Opening Remarks before the Commission Open Meeting, by John W. White, Director, Division of Corporation Finance, Washington, D.C. (May 23, 2007)
   
• Division Statement before the Commission Open Meeting, by Kevin M. O'Neill, Anthony G. Barone and Katherine W. Hsu, Special Counsels, Division of Corporation Finance, Washington, D.C. (May 23, 2007)
   
• Keeping the Promises of Leadership and Teamwork: The 2007 Proxy Season and Executive Compensation Disclosures, by John W. White, Director, Division of Corporation Finance, 27th Annual Ray Garrett Jr. Corporate and Securities Law Institute, Chicago, Illinois (May 3, 2007)
   
• Corporation Finance and the Foreign Private Issuer Community in 2007, by John W. White, Director, Division of Corporation Finance, Practising Law Institute Conference, Foreign Issuers & the U.S. Securities Laws 2007: Strategies for the Changing Regulatory Environment, New York, New York (May 2, 2007)

Frequently Requested Materials

• Release No. 33-4790   Employee Stock Purchase Plans (Interpretive Release; July 13, 1965)
   
• Release No. 33-5515   Interpretation of the Division of Corporation Finance Relating to Dividend Reinvestment and Similar Plans (Interpretive Release; July 22, 1974)
   
• Release No. 33-6188   Employee Benefit Plans; Interpretations of Statute (Interpretive Release; February 1, 1980)
   
• Release No. 33-6281   Employee Benefit Plans (Interpretive Release; January 15, 1981)