; and (2) by adding at the end the following: (7) Mandatory disclosures by certain universal service support mechanism recipients (A) In general The Commission shall issue regulations to establish a financial summary form to be filed with the Commission that may, upon request by an investor, be made available by an issuer that— (i) during its previous fiscal year, received support, directly or through an affiliate, through the Federal universal service support mechanism for rural, insular, and high cost areas established under section 254 of the Communications Act of 1934 ( 47 U.S.C. 254 ); and (ii) has a class of equity security held of record by— (I) not fewer than 500 persons who are not accredited investors (as such term is defined by the Commission); and (II) fewer than 2,000 persons. (B) Contents The form described in subparagraph (A) shall include a summary of the consolidated balance sheet and the consolidated income statement of the issuer and such other information as the Commission determines is necessary and appropriate in the public interest and for the protection of investors. .