Summary of Comment for S7-32-04

SUMMARY OF COMMENTS Concerning the Commission’s Proposed Rules Regarding Temporary Postponement of the Final Phase-in Period for Acceleration of Periodic Report Filing Dates Securities Act Release No. 8477 Exchange Act Release No. 50254 File No. S7-32-04 Prepared by: Jennifer G. Williams Attorney-Advisor and Jae M. Kim Legal Intern Office of Rulemaking Division of Corporation Finance November 2, 2004 I. List of Commenters a) Accounting Firms and Accountants 1. BDO Seidman, LLP (“BDO”) 2. Deloitte & Touche LLP a. Letter dated July 28, 2004 (“Deloitte1”) b. Letter dated September 28, 2004 (“Deloitte2”) 3. Ernst & Young LLP (“E&Y”) 4. Group of the largest four accounting firms (“Four Firms”) a. Deloitte & Touche LLP b. Ernst & Young LLP c. KPMG LLP d. PricewaterhouseCoopers LLP 5. Gary Bilello, CPA (“Bilello”) 6.KPMG LP (“KPMG”) 7. Paul Allen, (“Allen”) 8. PricewaterhouseCoopers LLP (“PWC”) b) Associations 9. American Bar Association (“ABA”) 10. American Institute of Certified Public Accountants (“AICPA”) 11. American Society of Corporate Secretaries (“ASCS”) 12. America’s Community Bankers (“ACB”) 13. Business Roundtable (“BR”) 14. National Association of Real Estate Investment Trusts ("NAREIT") 15. New York State Bar Association (“NYSBA”) c) Corporations and ...