An SEC final rule rescinding Industry Guide 3 concerning statistical disclosures that banking entities and bank holding companies provide in their registration statements, was published in the Federal Register.
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The SEC adopted a final rule that will rescind Industry Guide 3 concerning the statistical disclosures that banking entities and bank holding companies provide in their registration statements. The new rule replaces Guide 3 with a new Subpart 1400 to Regulation S-K, the SEC's general regulation governing disclosure.
The SEC proposal to (i) update the statistical disclosures for bank and savings and loan registrants and (ii) eliminate redundant disclosures was published in the Federal Register.
The SEC proposed new rules and amendments that would (i) update the statistical disclosures for bank and savings and loan registrants and (ii) eliminate redundant disclosures.
The SEC extended the comment period from May 8, 2017 until July 7, 2017 on the disclosures required by Industry Guide 3 ("Statistical Disclosure by Bank Holding Companies").