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SEC Launches Regulation S-X Review
By Joe Mont2015-09-28T12:45:00
The Securities and Exchange Commission is seeking public comment on the effectiveness of financial disclosure requirements in Regulation S-X. The request for comment, part of the Commission’s Disclosure Effectiveness Initiative, focuses on financial disclosures companies must file regarding acquired businesses and affiliated entities
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Where one entity’s financial statements get impossibly tangled with another’s, the SEC is inviting companies to reach out and ask for some relief.
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If the SEC had hoped that clearing its plate of most Dodd-Frank Act and JOBS Act mandates would make 2016 a year to focus on other initiatives, well, Washington has other ideas. The agency will be busy with a new round of rulemaking thanks to the FAST Act, plus ongoing ...
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A new survey that many companies are not waiting for the SEC to complete its anticipated review of disclosure requirements; some are already taking matters into their own hands, and they have advice for others who want to get ahead of the process. “Be aggressive,” says David Cornish, deputy comptroller ...
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