KRX Enables English Disclosures

The Korea Exchange will this week launch a translation service to make it easier for listed companies to provide English-language versions of company announcements, designed to increase access to local data for international investors. English-language disclosures are voluntary for KRX-listed companies, but the exchange hopes to encourage more takeup by converting the title of announcements and labels in the disclosure form to English, which is available on its KRX KIND online disclosure system.

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Removal of Chevron spells t-r-o-u-b-l-e for the C-A-T

Citadel Securities and the American Securities Association are suing the SEC to limit the Consolidated Audit Trail, and their case may be aided by the removal of a key piece of the agency’s legislative power earlier this year.

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