Heads Up — SEC issues final rule to update disclosures for banking registrants
This Heads Up discusses the SEC’s recently issued final rule Update of Statistical Disclosures for Bank and Savings and Loan Registrants, which updates and expands the statistical disclosure requirements for bank and savings and loan registrants. The newsletter provides a table that compares the existing disclosure requirements under Industry Guide 3, “Statistical Disclosure by Bank Holding Companies,” with the new disclosure requirements under the final rule.