Participants in a Securities and Exchange Commission roundtable discussed how the credit crisis would affect the SEC's plans for an improved financial disclosure system.

The SEC unveiled plans in June for a 21st Century Disclosure Initiative that would upgrade its old Edgar database with interactive data-tagging technology (see SEC to Study Overhauling Financial Disclosures). The roundtable examined ways to modernize the financial filing system and how it might help companies cope better with the crisis.

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