John Heine
John Heine
quickly
We are going to do it as quickly as we can.
accountant adequacy areas basis comment concerns financial holding lawyer looks narrative notes portion quality questions reviewing rules sent staff
Usually a lawyer looks at the narrative portion of the registration. An accountant looks at the financial statements. As they're reviewing the documents, they make notes about areas where they have questions or concerns about the adequacy or quality of disclosure, holding it up to the rules we have in place. On the basis of those notes, the staff composes something called a comment letter, which is sent to the filer.