Division of Corporation Finance

Disclosure Guidance

Information About Filing Reviews

• Filing Review Process
   
• Filing Review Correspondence (includes Staff Comment Letters)

Staff Guidance and Sample Comment Letters

• Staff Guidance for Financial Institutions Filing Proxy Statements in Connection with the TARP Capital Purchase Program
   
• Sample Letter Sent to Public Companies on MD&A Disclosure Regarding the Application of SFAS 157 (Fair Value Measurements) (September 2008)
   
• Sample Letter Sent to Public Companies on MD&A Disclosure Regarding the Application of SFAS 157 (Fair Value Measurements) (March 2008)
   
• Sample Letter Sent to Public Companies That Have Identified Investments in Structured Investment Vehicles, Conduits or Collateralized Debt Obligations

Staff Reports

• Staff Observations in the Review of Smaller Reporting Company IPOs
   
• Staff Observations in the Review of Executive Compensation Disclosure
   
• Staff Observations in the Review of IFRS Financial Statements
   
• Staff Comments on Annual Reports Containing Financial Statements Prepared for the First Time on the Basis of International Financial Reporting Standards
   
• Summary by the Division of Corporation Finance of Significant Issues Addressed in the Review of the Periodic Reports of the Fortune 500 Companies