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Advice Rolls In as SEC Disclosure Review Rolls On

Joe Mont | October 14, 2015

Stop us if you’ve heard this before: The Securities and Exchange Commission is attempting a comprehensive overhaul of its disclosure regime.

Mary Jo White is only the latest in a long line of SEC chairmen who have tried disclosure reform. All have failed. Now, however, even as agency critics lament its slow pace of rulemaking, this may be one area where White might actually succeed.

Speaking at the SEC’s Advisory Committee on Small and Emerging Companies in late September, White announced that pieces of the ongoing disclosure effectiveness review (a requirement of the JOBS Act) are quickly falling into place.

White-maryjo-0814“The staff in the Division of Corporation Finance continues to be hard at work on our initiative to enhance the effectiveness of the public company disclosure regime for investors and companies,”...

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