This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice (http://www2.deloitte.com/ca/en/legal/cookies.html) for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

SEC issues report on modernization and simplification of Regulation S-K

  • US_SEC Image

Nov 23, 2016

On November 23, 2016, the U.S. Securities and Exchange Commission (SEC) issued “Report on Modernization and Simplification of Regulation S-K.” The report is being issued in response to a mandate in Section 72003 of the Fixing America’s Surface Transportation Act, which requires the report to include: (i) all findings and determinations made in carrying out the study; (ii) specific and detailed recommendations on modernizing and simplifying the requirements in Regulation S–K in a manner that reduces the costs and burdens on companies while still providing all material information; and (iii) specific and detailed recommendations on ways to improve the readability and navigability of disclosure documents and to discourage repetition and the disclosure of immaterial information.

The report includes staff recommendations on the following topics:

  • Core company business information
  • Company performance, financial information, and future prospects
  • Management and certain security holders
  • Corporate governance
  • Registration statement and prospectus provisions
  • Exhibits
  • Manner of delivery recommendations

Review the report on the SEC’s website.

Related Topics

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.