The Securities and Exchange Commission has updated a Web-based data base that lets investors monitor the year-2000 readiness of certain financial services firms.
The data base includes reports from 5,894 brokerages, 476 transfer agents, 6,148 investment advisers, and 987 mutual funds, a spokesman said. The reports describe their year-2000 readiness, costs, risks, and contingency plans.
Only firms that met certain criteria were required to file. For example, banks or thrifts that act as transfer agents were exempt.
The data base had previously included reports that were submitted last year. The most recent round of reports for brokerages and transfer agents was due April 30. Investment advisers and mutual funds had to file their reports by June 7.