August 2019

Fairchild Morgan Law / 2019 / August

Client Brief | SEC Proposes Rule Revisions to Modernize and Simplify Disclosure Requirements

August 16, 2019 | On August 8, 2019, the US Securities and Exchange Commission (SEC) proposed amendments to certain provisions of Regulation S-K to streamline and simplify disclosures related to business, legal proceedings, and risk factors. The proposed amendments, which represent the first significant updates to these disclosures in over 35 years, are intended to improve the readability for investors, eliminate repetitive and immaterial information and simplify compliance for reporting companies. The amendments are part of the ongoing Disclosure Effectiveness Initiative...