Federal Register: SEC Reduces Duplicative Public Company Disclosure Requirements

An SEC rule change intended to simplify or eliminate redundant, overlapping, outdated or superseded disclosure requirements was published in the Federal Register. The effective date is November 5, 2018.

As previously covered, the amendments are part of an SEC effort to align regulations with recent changes in U.S. Generally Accepted Accounting Principles (GAAP), and to implement the Fixing America's Surface Transportation (FAST) Act.