News & Analysis as of

Amended Regulation Securities and Exchange Commission (SEC) Generally Accepted Accounting Procedures

Dorsey & Whitney LLP

The SEC Amends Policy on Economic Projections, and Issues Final Rules and Additional Guidance for SPACs and Shell Companies

Dorsey & Whitney LLP on

The SEC on January 24, 2024 adopted final rules amending the disclosure and registration requirements applicable to special purpose acquisition companies (SPACs) and shell companies that register or file reports with the SEC....more

Smith Anderson

SEC Adopts Amendments to 10b5-1 Plans

Smith Anderson on

On December 14, 2022, the Securities and Exchange Commission (SEC) unanimously voted to adopt amendments to Rule 10b5-1 under the Securities Exchange Act of 1934 (Exchange Act), adding new conditions to the availability of...more

WilmerHale

SEC Updates Non-GAAP Compliance and Disclosure Interpretations

WilmerHale on

On Tuesday, the SEC’s Division of Corporation Finance posted updated Compliance and Disclosure Interpretations (C&DIs) regarding Non-GAAP Financial Measures. A summary of the specific changes is set out below, followed by...more

Jones Day

SEC Improves Financial Disclosure Requirements for Acquisitions and Dispositions

Jones Day on

On May 21, 2020, the Securities and Exchange Commission ("SEC") adopted amendments to its financial disclosure requirements related to acquisitions and dispositions. These amendments streamline and eliminate immaterial...more

Sullivan & Worcester

SEC Revises Rules for Financial Statements Required for Acquisitions and Dispositions of Businesses and Real Estate

Sullivan & Worcester on

In May 2020, the Securities and Exchange Commission approved amendments to the requirements for financial statements relating to acquisitions and dispositions of businesses, including real estate operations, in Regulation S-X...more

Akin Gump Strauss Hauer & Feld LLP

SEC Rules Updated to Modernize and Simplify Disclosures: Act FAST to update upcoming Form 8-Ks, 10-Qs and 10-Ks

Recently, the Securities and Exchange Commission (SEC) adopted amendments (the Amendments) to modernize and simplify disclosure requirements in Regulation S-K (and related rules and forms). Consistent with the SEC’s mandate...more

Akerman LLP

SEC Amendments To Update And Simplify Disclosure Requirements Become Effective November 5, 2018

Akerman LLP on

On October 4, 2018, the Securities and Exchange Commission (the “Commission”) published the final rule adopting amendments to certain disclosure requirements that have become duplicative, overlapping, or outdated in light of...more

Snell & Wilmer

SEC Adopts Amendments to Simplify and Update Disclosure Requirements

Snell & Wilmer on

On August 17, 2018, the SEC adopted amendments to certain disclosure requirements that it deems to have become “redundant, duplicative, overlapping, outdated, or superseded” given existing SEC disclosure requirements, U.S....more

Dorsey & Whitney LLP

SEC Clarifies Effective Date for Disclosure Simplification Rules

Dorsey & Whitney LLP on

In August, the SEC adopted amendments updating and simplifying disclosure rules. ...more

Winstead PC

SEC Eliminates or Reduces Certain Disclosure Requirements in SEC Filings

Winstead PC on

On August 17, 2018, the Securities and Exchange Commission (SEC) adopted amendments to eliminate or modify certain disclosure requirements that have become redundant, duplicative, overlapping, outdated or superseded in light...more

K&L Gates LLP

SEC Adopts Final Rule Implementing Amendments to Regulation S-K, Regulation S-X, and other Securities Laws to Simplify Disclosure...

K&L Gates LLP on

In August 2018, the Securities and Exchange Commission (the “Commission”) adopted amendments to certain disclosure requirements set forth in Regulation S-K, Regulation S-X, and other Commission rules and forms promulgated...more

Jones Day

SEC Updates and Streamlines Disclosure Requirements

Jones Day on

The Situation: The U.S. Securities and Exchange Commission ("SEC") adopted amendments to Regulation S-K, Regulation S-X, and related rules and forms to update and streamline disclosure and ease unnecessary compliance burdens...more

Alston & Bird

SEC Approves Amendments to Update and Simplify Disclosure Requirements

Alston & Bird on

Our Securities Group highlights many of the amendments the Securities and Exchange Commission made in an effort to ease the burden of the myriad disclosure rules....more

Womble Bond Dickinson

SEC Adopts Final Rules to Update and Simplify Disclosure Requirements

Womble Bond Dickinson on

The U.S. Securities and Exchange Commission (SEC) has adopted final rules to eliminate redundant, duplicative, overlapping, outdated, or superseded disclosure requirements. These rules, adopted more than two years after the...more

Sheppard Mullin Richter & Hampton LLP

SEC Approves Updated Disclosure Requirements

On August 17, 2018, the Securities and Exchange Commission (SEC) approved amendments to certain of its disclosure requirements that have become redundant, duplicative, overlapping, outdated, or superseded, in light of other...more

WilmerHale

SEC Adopts Disclosure Update and Simplification Rules

WilmerHale on

Last week, the Securities and Exchange Commission voted to amend disclosure requirements “that have become redundant, duplicative, overlapping, outdated, or superseded, in light of other Commission disclosure requirements,...more

BCLP

SEC Adopts Amendments to Simplify and Update Disclosure Requirements

BCLP on

On August 17, 2018, the SEC adopted amendments to eliminate or modify certain disclosure requirements that have become redundant, overlapping, outdated or superseded in light of other SEC rules, GAAP or changes in the...more

Dorsey & Whitney LLP

New SEC Rules Eliminates Duplicative, Overlapping, Outdated Disclosure Requirements

Dorsey & Whitney LLP on

The Securities and Exchange Commission (SEC) announced last Friday that it has adopted amendments to certain disclosure requirements that have become duplicative, overlapping, or outdated in light of other Commission...more

Cooley LLP

Alert: SEC Adopts Mandatory Inline XBRL

Cooley LLP on

The SEC has adopted new rules mandating the use of Inline XBRL (eXtensible Business Reporting Language) for the submission of financial statement information. Part of the SEC's disclosure modernization initiative, the...more

Sullivan & Worcester

SEC Requires "Inline XBRL"

Sullivan & Worcester on

Today the SEC adopted amendments to eXtensible Business Reporting Language (XBRL) requirements for operating companies and funds. The amendments are intended to improve the quality and accessibility of XBRL data by replacing...more

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