In our workshops and conferences, we regularly emphasize that disclosures in different sections of a report should be consistent, that is, that all the disclosures in a report should “hang together” or “sing the same song.”
Zynex, Inc., a medical
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SEC Proposes Rules to Permit Optional Semiannual Reporting
On May 5, 2026, the SEC formally proposed rule and form amendments that would permit companies to optionally report semiannually rather than quarterly. The proposed amendments would create a new Form 10-S and also make appropriate amendments to Regulation S-X.
SOX Certifications – A Quarter-End Reminder
While it might seem a bit simplistic, errors in the SOX 302 certifications are a frequent yet very avoidable comment from the SEC.
Twist Bioscience, which has a September 30 fiscal year end, included the following language in its SOX
Chairman Atkins Discusses His ACT Strategy and Commission Priorities
On April 21, 2026, SEC Chairman Paul S. Atkins delivered keynote remarks at a meeting of the Economic Club of Washington. In his remarks he discussed his ACT strategy:
Advance the SEC’s regulatory frameworks into the modern era,
Clarify the SEC’s jurisdictional
Yes, the SEC Does Follow Up on Comment Responses!
In our workshops and conferences, we emphasize that when a company states it will change its disclosure in future filings in response to an SEC comment, the CorpFin staff will review the company’s future filings to ensure that the company
SEC Announces 2025 Enforcement Results
On April 7, 2026, the SEC announced its enforcement results for fiscal year 2025. In 2025, 456 enforcement actions were filed. This included 303 standalone actions and 69 “follow-on” administrative proceedings seeking to bar or suspend individuals. You can read
A Frequent (and Avoidable) Liquidity and Capital Resources Comment
In its June 30, 2025, Form 10-Q, Getty Images Holdings, Inc. made this disclosure in the Liquidity and Capital Resources section of their MD&A:
Operating Activities
Cash provided by operating activities is primarily comprised of net income, as adjusted for
SEC Comment Letter Posting News
At “The SEC Speaks in 2026,” a conference presented by PLI in cooperation with the U.S. Securities and Exchange Commission, members of CorpFin announced that the comment letter posting process is about five months behind. Thus, information about
C&DI’s Renamed as Corporation Finance Interpretations
Over the years we have blogged about the valuable guidance provided by CorpFin’s Compliance and Disclosure Interpretations (C&DIs). We have even lightheartedly referred to them as the CorpFin “candy” dish.
CorpFin has renamed this section of their guidance as Corporation
PCAOB Creates Audit Practitioner Fellowship Program
On March 13, 2026, the PCAOB announced its new Audit Practitioner Fellowship Program, in which audit practitioners will join the PCAOB Office of the Chief Auditor as full-time employees for a two-year term.
According to PCAOB Chairman Demetrios (Jim)