Sweeping changes may be afoot for the Securities and Exchange Commission’s disclosure and reporting regime, but some are wondering if overhauling disclosure could actually bring more work and higher costs for reporting companies.
The agency is taking a comprehensive look at ways to streamline requirements, modernize the filing process, and reduce redundancy. It is a long-overdue, long demanded overhaul of reporting requirements. But some lawyers and disclosure experts are warning: “be careful what you wish for.”
