Topic
Smaller Reporting Companies
25 published works
Free Writings + Perspectives
New Exchange Act Rules Compliance and Disclosure Interpretation 130.05
By Liz Walsh
On August 27, 2025, the staff of the Securities and Exchange Commission (the “SEC”) published new Exchange Act Rules Compliance and Disclosure Interpretation 130.05, governing the treatment of certain former…
The SEC Institute Blog
CorpFin Adds a C&DI Addressing SRC and Accelerated Filer Transition Issues
On August 27, 2025, CorpFin published a new C&DI to clarify a potentially confusing issue in the transition out of the smaller reporting company system and related filer status determination. New Question 130.05 explains the…
Public Company Advisory Blog
SEC Issues Guidance on Filer Status Upon Loss of SRC Status
On August 27, 2025, the staff of the SEC’s Division of Corporation Finance published new Exchange Act Rules Compliance and Disclosure Interpretation Question 130.05, which provides guidance on when an…
Public Company Advisory Blog
Seven Things to Know About the SRC Public Float Measurement Date and SRC Qualification
By John O. Newell|Folake Ayoola
Smaller reporting company (SRC) status under the rules of the Securities and Exchange Commission (SEC) is determined annually by reporting companies based on a company’s “public float” as of the…
The SEC Institute Blog
CorpFin Updates Financial Reporting Manual
On November 18, 2020, CorpFin updated several areas in the FRM for recent changes made by the SEC, FASB and PCAOB. There are some areas where updates are still in…
The SEC Institute Blog
Smaller Reporting Companies – Business, Risk Factor and Legal Proceedings Modernization
In response to a reader comment about our recent posts delving into the SEC’s August 2020 modernization of business, risk factor and legal proceedings disclosures, this post explores the implications…
Corporate and Securities Law
SEC Amends Accelerated Filer and Large Accelerated Filer Definitions
Capital Markets
SEC Proposes Further Relief for Low Revenue Smaller Reporting Companies
By Rob Evans
On May 9, 2019, the SEC proposed rule changes to the disclosure requirements for smaller reporting companies (SRCs). Last year, the SEC expanded the number of companies that qualify for…
Free Writings + Perspectives
SEC Office of Small Business Updates
At the Practising Law Institute’s Annual Institute on Securities Regulation, a number of updates were provided by the Staff regarding ongoing initiatives within the Office of Small Business. The Staff…
Free Writings + Perspectives
SRC Amendments Effective
In June 2018, the Securities and Exchange Commission adopted amendments to the definition of “smaller reporting company.” Under the amendments a company with a public float of less than $250…