3 ms·

Why is this posted on a site about mine safety disclosures?

• MSD1976 7y ago
  The site isn't about mine safety disclosures—it's just a name. A quirky requirement that came out of Dodd-Frank is that ALL publicly traded companies are required to make a disclosure about mine safety, regardless of whether or not they even have mines. So if you look at Visa's 10-K, or Google's, or Chipotle's, they all have a line item for mine safety disclosures.
  • fabioborellini 7y ago
    Are the mines excavations or explosive devices?
    • MSD1976 7y ago
      The former
• elliekelly 7y ago
  I'm guessing it's a tongue-in-cheek nod at the requirement for Mine Safety Disclosures you'll often see as a blank section in company filings. It looks more like a finance/investment website. Edit: For example, page 45 of Apple's most recent 10Q https://www.sec.gov/ix?doc=/Archives/edgar/data/320193/000032019319000066/a10-qq220193302019.htm https://www.sec.gov/ix?doc=/Archives/edgar/data/320193/00003...
  • MSD1976 7y ago
    That is correct
    • elliekelly 7y ago
      Are you the blogger? Your site is great! You've got by far the most comprehensive collection of Hedge Fund quarterly letters I've ever seen.
      • MSD1976 7y ago
        Thank you, glad to hear you enjoy it