SEC proposed to amend its rules to require issuers to disclose share repurchases on a new Form SR which must be furnished before the end of the first business day on which the share repurchase has been executed. Unfortunately, this requirement is fraught with ambiguities.
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Frank Weaver Jr.
Suburbanite correspondent
I won t have to engage myself in the annual ritual everyone who s reading this column must do tomorrow. That is, spring forward at 2 a.m.
That s right, folks, tomorrow (actually on Sunday, March 14, 2 a.m. becomes 3 a.m.) we re back on Eastern Daylight Savings Time. That means we turn our clocks, wristwatches, timepieces, sundials, hour glasses, etc., ahead one hour.
For many, it means no more sun setting when there s still enough daylight to cruise the lakes one more time without having to turn on the boat s running lights. No more late afternoon darkness that signals the fish are hibernating for the night. In doing so, they re telling us to come back tomorrow morning when they re hungry again.