{"id":1595,"date":"2019-10-28T14:24:48","date_gmt":"2019-10-28T18:24:48","guid":{"rendered":"https:\/\/seci.wpenginepowered.com\/?p=1595"},"modified":"2019-10-28T14:24:48","modified_gmt":"2019-10-28T18:24:48","slug":"details-again-some-technical-fixes-to-disclosure-modernization","status":"publish","type":"post","link":"https:\/\/seciblog.pli.edu\/index.php\/details-again-some-technical-fixes-to-disclosure-modernization\/","title":{"rendered":"Details Again! Some Technical Fixes to Disclosure Modernization"},"content":{"rendered":"<p>The SEC has made some technical corrections to its March 2019 Final Rule for Disclosure Modernization and Simplification.\u00a0 These corrections were made in an <a href=\"https:\/\/www.sec.gov\/rules\/final\/2019\/33-10618a.pdf\">August 6, 2019 Final Rule<\/a> to make technical corrections to the <a href=\"https:\/\/www.sec.gov\/rules\/final\/2019\/33-10618.pdf\">March 20, 2019 original Final Rule<\/a>.<\/p>\n<p><strong>First,<\/strong> in several registration statement forms (S-1, S-3, S-4, F-1, F-3, and F-4) the Item 3 section header should now read as:<\/p>\n<p><strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Item 3. Summary Information and Risk Factors<\/strong><\/p>\n<p>As of September 5, 2019, versions of these forms on the SEC\u2019s web page still had the now obsolete heading of:<\/p>\n<p><strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Item 3. Summary Information, Risk Factors and Ratio of Earnings to Fixed Charges. <\/strong><\/p>\n<p><strong>Second,<\/strong> to address some confusion caused by the original Modernization and Simplification Rule, the August 6 Final Rule made a technical correction to the Electronic Code of Federal Regulations (or \u201ce-CFR\u201d) on-line version of the Exhibit Table in S-K Item 601(a).\u00a0 The e-CFR version of the Exhibit Table was updated to make it clear that the new Exhibit 4 \u201cDescription of Registrants Securities\u201d is required in Form 10-K.\u00a0 (This is the information in S-K Item 202.) There was a similar update for Exhibit 104 \u201cCover Page Interactive Data\u201d to clarify that it is required for Forms 10-K and 10-Q as well as Form 8-K.<\/p>\n<p>You can review a few other detailed changes, primarily to the \u201cN\u201d forms, in the <a href=\"https:\/\/www.sec.gov\/rules\/final\/2019\/33-10618a.pdf\">Final Rule<\/a>.<\/p>\n<p>As always, your thoughts and comments are welcome!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The SEC has made some technical corrections to its March 2019 Final Rule for Disclosure Modernization and Simplification.\u00a0 These corrections were made in an August 6, 2019 Final Rule to make technical corrections to the March 20, 2019 original Final Rule. First, in several registration statement forms (S-1, S-3, S-4, F-1, F-3, and F-4) the &hellip; <a href=\"https:\/\/seciblog.pli.edu\/index.php\/details-again-some-technical-fixes-to-disclosure-modernization\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Details Again! Some Technical Fixes to Disclosure Modernization<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[242],"tags":[],"coauthors":[154],"class_list":["post-1595","post","type-post","status-publish","format-standard","hentry","category-reporting"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/posts\/1595","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/comments?post=1595"}],"version-history":[{"count":0,"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/posts\/1595\/revisions"}],"wp:attachment":[{"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/media?parent=1595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/categories?post=1595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/tags?post=1595"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/coauthors?post=1595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}