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Flashback to 2005: SEC’s Piwowar seeks feedback on review of old rules

Joe Mont | September 22, 2016

The Securities and Exchange Commission recently published its annual list of rules scheduled for review in the next twelve months in accordance with the Regulatory Flexibility Act’s requirement to conduct a periodic review of rules that have, or will have, a significant economic impact upon on covered companies (with a focus on smaller reporting entities) within ten years.

The legislation also requires that the identified rules be assessed as to whether they should remain unchanged, be amended, or be rescinded. That review includes an assessment of the continued need for a rule; the nature of complaints or comments received concerning the rule from the public; the complexity of the rule; the extent to which the rule overlaps, duplicates, or conflicts with other Federal state...

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