The SEC seeks more offshore disclosures from companies, as more interest kicks up about how much...

|By:, SA News Editor

The SEC seeks more offshore disclosures from companies, as more interest kicks up about how much money U.S. firms stockpile abroad to avoid taxes. Though there no disclosures rules are in place, the SEC can raise questions through public comment letters when it believes information is material - as it has done with Caterpillar (CAT), Dow Chemical (DOW), Fortune Brands (FO) and CIT Group (CIT).