Safe Harbor for Disclosure of Qualitative and Quantitative Information About Market Risk Inherent in Derivative Financial Instruments, Other Financial Instruments, and Derivative Commodity Instruments

The Securities and Exchange Commission ("Commission') today is proposing amendments that would apply the safe harbor provisions recently added to the Securities Act of 1933 and Securities Exchange Act of 1934 by the Private Securities Litigation Reform Act of 1995 to specified disclosures made pursuant to proposed Item 305 of Regulation S-K or proposed Item 9A of Form 20-F.