If you need a bit of a diversion this week, here is an interesting, and hopefully fun, idea! On August 8, 2019 at 10:00 AM EDT, the SEC is holding an open meeting and the single item on the agenda is more SEC disclosure modernization!
The Commission will consider whether to propose rule amendments to modernize the description of business, legal proceedings, and risk factor disclosures that registrants are required to make pursuant to Regulation S-K. The proposed amendments are intended to update these rules to account for developments since their adoption or last amendment, to improve these disclosures for investors, and to simplify compliance efforts for registrants.
You can find a link to the meeting webcast, agenda and sunshine notice here.
For the fun part, invite your colleagues and get some donuts and coffee!
Thanks to Bob Laux, our conference organizer and chair, for the heads-up about this meeting!
As always, your thoughts and comments are welcome!