August 28, 2002	Wednesday	Jamadi-us-Saani 18,1423

WASHINGTON, Aug 27: Federal regulators on Tuesday unanimously approved rules requiring companies to report information more quickly in an effort to bolster investor confidence in a market hit by accounting scandals.

As authorities continue their investigations of such bankrupt companies as Enron Corp and WorldCom Inc, the Securities and Exchange Commission voted 5-0 to require companies’ annual statements to be due in 60 days after the year ends rather than the previous 90 days.—Reuters