SEC NEWS DIGEST Issue 2002-130 July 8, 2002 HOLDING COMPANY ACT RELEASES RELIANT ENERGY, INC., ET AL. An order has been issued authorizing Reliant Energy, Incorporated (REI), an exempt holding company, and CenterPoint Energy, Inc. (New REI), REI's wholly owned subsidiary formed for purposes of the proposed transactions, to acquire the securities of certain intermediate holding companies and other subsidiaries, as part of a corporate restructuring. Texas Genco Holdings, Inc. and GP LLC, intermediate holding companies that will be formed as part of the restructuring, have been granted an exemption from registration under Section 3(a)(1) of the Act. New REI was also authorized to distribute all of the shares it owns in Reliant Resources, Inc. to New REI's shareholders and to undertake an initial public offering of Texas Genco Holdings, Inc.'s common stock. The Commission also authorized New REI, on behalf of itself and its subsidiaries, to enter into various types of financing transactions. In addition, New REI was authorized to provide goods and services to New REI system companies in accordance with the at-cost standards under the Act through June 30, 2003. New REI will register as a holding company under Section 5 of the Act. The Commission reserved jurisdiction over the acquisition of certain gas utility subsidiaries to be formed as part of the restructuring and certain nonutility subsidiaries. (Rel. 35- 27548) SELF-REGULATORY ORGANIZATIONS APPROVAL OF PROPOSED RULE CHANGE The Commission has approved a proposed rule change filed by the Emerging Markets Clearing Corporation (SR-EMCC-2000-01) under Section 19(b)(1) of the Exchange Act. The rule change permits EMCC to accept financial statements from an applicant prepared in accordance with International Accounting Standards or United Kingdom Generally Accepted Accounting Principles without requiring the applicant to provide a discussion of the material variations of such accounting principles from United States Generally Accepted Accounting Principles. Publication of the proposal is expected in the Federal Register during the week of July 8. (Rel. 34- 46164) RECENT 8K FILINGS Form 8-K is used by companies to file current reports on the following events: Item 1. Changes in Control of Registrant. Item 2. Acquisition or Disposition of Assets. Item 3. Bankruptcy or Receivership. Item 4. Changes in Registrant's Certifying Accountant. Item 5. Other Materially Important Events. Item 6. Resignations of Registrant's Directors. Item 7. Financial Statements and Exhibits. Item 8. Change in Fiscal Year. Item 9. Regulation FD Disclosure. The following companies have filed 8-K reports for the date indicated and/or amendments to 8-K reports previously filed, responding to the item(s) of the form specified. 8-K reports may be obtained in person or by writing to the Commission's Public Reference Branch at 450 Fifth Street, N.W., Washington, D.C. 20549 or at the following e-mail box address: . In most cases, this information is also available on the Commission's website: . STATE 8K ITEM NO. NAME OF ISSUER CODE 1 2 3 4 5 6 7 8 9 DATE COMMENT ------------------------------------------------------------------------------------ ADVANCEPCS DE X X 06/30/02 ADVANTAGE MARKETING SYSTEMS INC/OK OK X X 07/05/02 AIRTECH INTERNATIONAL GROUP INC WY X X X 06/30/02 BF ENTERPRISES INC DE X 07/03/02 AMEND DOCENT INC DE X X 07/03/02 NATIONSRENT INC DE X X 07/03/02 SAFECO CORP WA X 07/02/02 TEMTEX INDUSTRIES INC DE X X 06/28/02