SLJB - Sulja Brothers Building Supply, Inc. Message Board

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Non-Tech : SLJB - Sulja Brothers Building Supply, Inc.

SLJB 0.000001000

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Jun 4 9:43 AM EST

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To: scion who wrote (1369)	2/2/2007 12:09:57 PM
From: scion	of 1681

A. Shortened Form 8-K Filing Deadline and Availability of Form 12b-25 The amendments to Form 8-K require issuers that are subject to the reporting requirements of Section 13(a) and Section 15(d) of the Exchange Act, other than foreign private issuers that file annual reports on Form 20-F24 or 40-F,25 to file required current reports on Form 8-K within four business days of a triggering event.26 These amendments do not affect the filing deadline for disclosures under Regulation FD (Item 7.01), voluntary disclosures (Item 8.01) and certain exhibits. In the proposing release, we proposed a two business day deadline for Form 8-K, with provision for an automatic two business day extension upon a company's filing of Form 12b-25. Thus, the proposals would have permitted a four business day filing period whenever a company filed a Form 12b-25. We received numerous comments and recommendations regarding appropriate filing deadlines.27 The comments ranged from support of the two business day deadline to recommendations of as much as ten business days. Similarly, we received mixed comments on the Form 12b-25 proposal.28 Some commenters noted that the Form 12b-25 proposal would complicate the process and that increased filings would reduce the significance of a Form 12b-25 filing.29 We are persuaded by these commenters that modifications to the proposals are warranted. Thus, we are not adopting the proposal to extend the Form 8-K filing deadline via Form 12b-25. Rather, we are adopting a four business day deadline for Form 8-K, with no provision for extension under Rule 12b-25.30 We believe that this change addresses commenters' concerns regarding the sufficiency of the filing period and simplifies the logistics of filing the four business day period. Final Rule: Additional Form 8-K Disclosure Requirements and Acceleration of Filing Date sec.gov

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