{"id":688,"date":"2016-08-04T10:01:18","date_gmt":"2016-08-04T14:01:18","guid":{"rendered":"https:\/\/seci.wpenginepowered.com\/?p=688"},"modified":"2016-08-04T10:01:18","modified_gmt":"2016-08-04T14:01:18","slug":"a-busy-summer-for-the-sec","status":"publish","type":"post","link":"https:\/\/seciblog.pli.edu\/index.php\/a-busy-summer-for-the-sec\/","title":{"rendered":"A Busy Summer for the SEC!"},"content":{"rendered":"

The SEC has been busy on many fronts this summer. If you review the summary of proposed rules here<\/u><\/a> on their web site you will see they have proposed five rules so far this summer and the summary of final rules here<\/u><\/a> has another six rules issued in final form.<\/p>\n

 <\/p>\n

That is a busy summer!<\/p>\n

 <\/p>\n

The proposed rules contain some of the first concrete, early steps in the SEC\u2019s disclosure effectiveness project. The proposal will \u201cclean-up\u201d some areas where the SEC\u2019s 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.<\/p>\n

 <\/p>\n

You can see the details of each proposal below:<\/p>\n

 <\/p>\n

Disclosure Update and Simplification<\/u><\/a><\/p>\n

 <\/p>\n

Amendments to Smaller Reporting Company Definition <\/u><\/a><\/p>\n

 <\/p>\n

Modernization of Property Disclosures for Mining Registrants<\/u><\/a><\/p>\n

 <\/p>\n

 <\/p>\n

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.<\/p>\n

 <\/p>\n

You can see the details of each final rule below:<\/p>\n

 <\/p>\n

Disclosure of Payments by Resource Extraction Issuers<\/u><\/a><\/p>\n

\u00a0<\/u><\/p>\n

Adoption of Updated EDGAR Filer Manual<\/u><\/a><\/p>\n

\u00a0<\/u><\/p>\n

Form 10-K Summary<\/u><\/a><\/p>\n

 <\/p>\n

 <\/p>\n

As always, your thoughts and comments are welcome!<\/p>\n","protected":false},"excerpt":{"rendered":"

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 … Continue reading A Busy Summer for the SEC!<\/span> →<\/span><\/a><\/p>\n","protected":false},"author":1,"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},"_wpas_customize_per_network":false},"categories":[17],"tags":[149,101,32,63,19,67,118,25,42,98,71,132,100,121,103,4,6,99,133],"coauthors":[163],"class_list":["post-688","post","type-post","status-publish","format-standard","hentry","category-commentoftheweek","tag-10-k","tag-aicpa","tag-audit","tag-dodd-frank","tag-fasb","tag-fasbiasb","tag-fast-act","tag-financial-accounting-standards-advisory-committee","tag-financial-reporting","tag-gaap","tag-ifrs","tag-internal-auditing","tag-pli","tag-pli-free-fridays","tag-pli-securities-regulation","tag-sec","tag-sec-professionals","tag-seci","tag-sox"],"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\/688","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/comments?post=688"}],"version-history":[{"count":0,"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/posts\/688\/revisions"}],"wp:attachment":[{"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/media?parent=688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/categories?post=688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/tags?post=688"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/seciblog.pli.edu\/index.php\/wp-json\/wp\/v2\/coauthors?post=688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}