The Securities and Exchange Commission (SEC) recently adopted new amendments as part of an ongoing effort to “modernize and enhance” regulations related to financial disclosures as well as management’s discussion and analysis (MD&A). This announcement was made in November 2020, and certain elements are now beginning to go into effect.
Key components of these updates include modifications pertinent to Regulation S-K. Alterations are being implemented to remove some previously required redundant elements.
Experts from CFGI’s Capital Markets Advisory team noted that these amendments will soon be effective for companies preparing to go public, while other businesses will have to integrate the new requirements into their next annual reporting period moving forward.
Read more about the announcement from the SEC here.
Seek expert support
Professionals from CFGI are prepared to help you conform to these new requirements. As trailblazers in the field, we’ll support your capacity to assemble disclosures and draft filings that comply with the new rules. Reach out to us today to learn more.