Less Is More for SEC Disclosure Effectiveness Changes
Reprinted with permission from The Legal Intelligencer, November 2018
On Oct. 4, the Securities and Exchange Commission (the SEC) published final rules adopting amendments to certain disclosure requirements that have become redundant, overlapping or outdated in light of other SEC disclosure requirements, U.S. generally accepted accounting principles (GAAP), international financial reporting standards (IFRS) and changes in the information environment. The SEC sought to simplify compliance for disclosures "without significantly altering the total mix of information provided by investors." The final rules became effective on Nov. 5. Read More.
Copyright © 2018 by Ballard Spahr LLP.
(No claim to original U.S. government material.)
All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, including electronic, mechanical, photocopying, recording, or otherwise, without prior written permission of the author and publisher.