SEC proposes improvements to disclosures about acquisitions and dispositions of businesses

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May 03, 2019

On May 3, 2019, the Securities and Exchange Commission (SEC) issued a proposed rule, “Amendments to Financial Disclosures About Acquired and Disposed Businesses.”

The proposal would “improve the disclosure requirements for financial statements relating to acquisitions and dispositions of businesses, including real estate operations and investment companies.”

Comments on the proposed rule are due 60 days after the date of its publication in the Federal Register.

Review the press release and proposed rule on the SEC’s website.

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