U.S. securities regulator to monitor companies’ coronavirus impact disclosures

WASHINGTON (Reuters) – The chair of the U.. securities regulator Thursday said he had directed staff start monitoring companies’ disclosures related to the “current potential effects” of the on their businesses.

“This is an uncertain issue where actual effects will depend on many factors beyond the control and knowledge of issuers,” chair Jay Clayton said in a statement.

“However, how issuers plan for that uncertainty and how they choose to respond to events as they unfold can nevertheless be material to an investment decision.”

(Reporting by Michelle Price; Editing by Chris Reese)