News & Analysis as of

Threshold Requirements Regulation S-X

Mayer Brown Free Writings + Perspectives

Target and Pro Forma Financial Statement Requirements for Significant Acquisitions

Target and Pro Forma Financial Statement Requirements for Significant Acquisitions - US reporting companies that are planning or have completed a significant acquisition of a business may be required to file separate...more

Proskauer Rose LLP

SEC Proposes Rule Changes with Potential Benefits for REITs, Funds, and Business Development Companies

Proskauer Rose LLP on

The Securities and Exchange Commission ("SEC" or "Commission") recently proposed a number of changes to Regulation S-X and related rules and forms that could significantly streamline the requirements for filing financial...more

Mayer Brown Free Writings + Perspectives

SRC Amendments Effective

In June 2018, the Securities and Exchange Commission adopted amendments to the definition of “smaller reporting company.” Under the amendments a company with a public float of less than $250 million qualifies as an SRC....more

Mayer Brown Free Writings + Perspectives

SEC Chair Offers Insights on Capital Formation Agenda

Securities and Exchange Commission Chair Clayton addressed attendees at the Nashville 36|86 Entrepreneurship Festival regarding the Commission’s capital formation agenda. ...more

Mintz

SEC Amends Definition of “Smaller Reporting Companies” (SRCs) to Increase the Number of Companies that Qualify for Scaled...

Mintz on

The SEC has voted to amend the definition of the term “smaller reporting company” as used in its rules and regulations. Under the amended definition, which takes effect on September 10, 2018, SRCs are companies that...more

Cooley LLP

Blog: SEC proposes to amend financial disclosure rules related to guaranteed or collateralized debt securities

Cooley LLP on

The SEC voted to propose new amendments to Rules 3-10 and 3-16 of Reg S-X intended to streamline the financial disclosure rules related to registered debt offerings that involve guaranteed or collateralized securities. The...more

Akin Gump Strauss Hauer & Feld LLP

SEC Expands Definition of Smaller Reporting Company

On June 28, 2018, the U.S. Securities and Exchange Commission (SEC) voted to adopt amendments to the “smaller reporting company” (SRC) definition to expand the number of companies that qualify for certain existing scaled...more

Kelley Drye & Warren LLP

SEC Increases Threshold for Qualifying as a Smaller Reporting Company

On June 28, 2018, the Securities and Exchange Commission (SEC) approved amending the definition of “smaller reporting company” (SRC) to increase the financial thresholds for qualification. This change will significantly...more

K&L Gates LLP

Bigger Is Smaller: SEC Amends Its Definition of “Smaller Reporting Company,” Making Related Disclosure Relief Available to More...

K&L Gates LLP on

On June 28, 2018, the Securities and Exchange Commission (the “SEC”) adopted amendments to the definition of “smaller reporting company” (“SRC”) as used in the SEC’s rules and regulations. The amendments, which will become...more

Cooley LLP

Alert: SEC Expands Eligibility for Smaller Reporting Company Status

Cooley LLP on

At the end of June, the SEC voted unanimously to amend the definition of "smaller reporting company," or SRC, allowing more companies to take advantage of the scaled disclosures permitted, on an item-by-item basis, for...more

Bass, Berry & Sims PLC

SEC Adopts Rules that Could Ease Disclosure Burden on Middle Market Public Companies

Bass, Berry & Sims PLC on

On June 28, the SEC adopted regulations that could reduce the reporting burden on middle market public companies. In summary, the SEC adopted amendments to the smaller reporting company (SRC) definition to increase the...more

Sullivan & Worcester

SEC Amends “Smaller Reporting Company” Definition - July 2018

Sullivan & Worcester on

The Securities and Exchange Commission has approved amendments to its "smaller reporting company" (SRC) definition, which, effective on or around September 10, 2018, will expand the number of companies that qualify for...more

Ballard Spahr LLP

New SEC Thresholds in Definition of Smaller Reporting Company Effective September 10

Ballard Spahr LLP on

The Securities and Exchange Commission (SEC) on June 28, 2018, adopted amendments to the definition of "smaller reporting company" (SRC) in Rule 405 under the Securities Act of 1933 (Securities Act), Rule 12b-2 under the...more

BCLP

SEC Increases Smaller Reporting Company Threshold

BCLP on

The Securities and Exchange Commission amended its definition of “smaller reporting company” (an “SRC”) increasing the public float threshold (cap on portion of shares held by public investors) to $250 million, up from the...more

Mayer Brown Free Writings + Perspectives

Commission Unanimously Approves Amendments to SRC Definition

During this morning’s open meeting of the Securities and Exchange Commission, which is Commissioner Piwowar’s last open meeting, the Commissioners unanimously voted to adopt amendments to the definition of smaller reporting...more

Stinson - Corporate & Securities Law Blog

SEC Reduces Thresholds for Smaller Reporting Company Definition and Requires Mandatory Use of Inline XBRL

The SEC has long recognized that smaller issuers should be subject to somewhat less stringent disclosure standards than larger companies. The SEC has referred to this as “scaled disclosure” and has embodied the idea in a...more

Cozen O'Connor

SEC Proposes Changing Smaller Reporting Company Definition and Streamlining Disclosure Requirements

Cozen O'Connor on

The Securities and Exchange Commission (SEC) recently released two separate proposals, one that aims to expand “smaller reporting company” eligibility and another that is designed to streamline disclosure requirements....more

Stinson - Corporate & Securities Law Blog

SEC Proposes Increasing Threshold to Qualify as a Smaller Reporting Company

The SEC has proposed amendments that would increase the financial thresholds in the “smaller reporting company” definition. The proposal to update the definition would expand the number of companies that qualify as smaller...more

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