SEC orders listed firms to disclose COVID-19 impact

The Securities and Exchange Commission (SEC) has mandated all publicly listed companies to disclose the impact of the coronavirus (COVID-19) pandemic on their business operations and measures taken to mitigate risks by noon on March 16.

Companies are required to file current reports (SEC Form 17-C) through the PSE Electronic Disclosure Generation Technology (EDGE).

The SEC's directive aims to ensure full disclosure for the investing public, following earlier disclosures from companies with operations in mainland China.