SEC Updates Compliance and Disclosure Guidance for Exchange Act Forms

The SEC updated its Compliance and Disclosure Interpretations (C&DIs) to remind issuers that the revised disclosure requirements as to shareholders' equity go into effect on November 5, 2018.

SEC staff stated that it would not object to changes in shareholders' equity made by the filer if the changes are included in Form 10-Q for the first quarter that begins after the effective date of the amendments (see Question 105.09).