As we blogged about here, SEC Chairman Clayton has worked to make the SEC’s Regulatory Flexibility Act agenda a document that reflects the Commission’s short-term plans as opposed to a kind of regulatory “wish list.” The latest update (known as the Spring version) was published at the end of June and provides a view of how the Commission intends to move forward with many significant initiatives despite the disruption of COVID-19. Among the projects on the short-term agenda are:
- Modernization and Simplification of Disclosures of Regulation S-K Items 101, 103, and 105
- Modernization and Simplification of Disclosures Regarding MD&A, Selected Financial Data and Supplementary Financial Information
- Universal Proxy
- Amendments to Exemptions From the Proxy Rules for Proxy Voting Advice
- Harmonization of Exempt Offerings
- Update of Statistical Disclosures for Bank and Savings and Loan Registrants
- Disclosure of Payments by Resource Extraction Issuers
You can review all the proposed rule and final rule stage projects on the short-term agenda here. As you will see the above projects are only part of what the Commission intends to accomplish in the short term.
You can also view the long-term agenda here.
As always, your thoughts and comments are welcome!