Document Type
Article
Publication Date
1942
Abstract
The Securities and Exchange Commission today announced the adoption of an amendment to Rule 12-16 of Regulation S-X so as to make it clear that Note 5 to the schedule therein prescribed requires information relative to rents and royalties only if the aggregate amount thereof is significant. Rule 5-04 of Regulation S-X was also amended to make it clear that it is necessary to file Schedule XVII - Income from Dividends - in support of each profit and loss statement filed. Since the schedule also calls for information as to the amount of the equity of the company in the net profit and loss of its affiliates, the schedule is required to be filed even though no dividends from such investments are reported in the profit and loss statement for the period of report. A similar amendment was made to Rule 6-04 of Regulation S-X.
Relational Format
article
Series Title
Accounting Series Release No. 031;Securities Act of 1933 Release No. 2774;Securities Exchange Act of 1934 Release No. 3145;Investment Company Act of 1940 Release No. 310
Recommended Citation
United States. Securities and Exchange Commission, "Securities and Exchange Commission today announced the adoption of an amendment to Rule 12-16 of Regulation S-X so as to make it clear that Note 5 to the schedule therein prescribed requires information relative to rents and royalties only if the aggregate amount thereof is significant" (1942). Federal Publications. 120.
https://egrove.olemiss.edu/acct_fed/120