The SEC has been busy on many fronts this summer. If you review the summary of proposed rules here on their web site you will see they have proposed five rules so far this summer and the summary of final rules here has another six rules issued in final form.
That is a busy summer!
The proposed rules contain some of the first concrete, early steps in the SEC’s disclosure effectiveness project. The proposal will “clean-up” some areas where the SEC’s rules overlap or are redundant with GAAP, IFRS or other guidelines. They also include a proposal to change the threshold to use the Smaller Reporting Company system to $250,000,000 in public float.
You can see the details of each proposal below:
The final rules range from the final resource extraction payment rules required by Dodd/Frank, which replace the earlier version overturned in the courts, to the FAST Act 10-K summary.
You can see the details of each final rule below:
As always, your thoughts and comments are welcome!