Shearman And Sterling

balance scale

July 15, 2016

SEC Proposes Streamlining Disclosure Requirements

Subscribe

Jump to...

 
In a 318-page release published on July 13, 2016, the SEC is proposing a number of technical amendments to disclosure requirements for SEC filers that it believes have become outdated or are identical or similar to overlapping requirements contained in other SEC rules, US GAAP or IFRS. The release is also soliciting comment on whether some disclosure requirements that overlap with US GAAP but require incremental information should be eliminated or referred to the FASB for potential incorporation into US GAAP. This is the first rule proposal that the SEC has issued as part of its ongoing disclosure effectiveness review. Comments on the release will be due 60 days after its publication in the Federal Register, which should occur shortly. Disclosure requirements will not change until the SEC adopts final rules.

View full memo, SEC Proposes Streamlining Disclosure Requirements

Authors and Contributors

Richard Alsop

Partner

Capital Markets

+1 212 848 7333

+1 212 848 7333

New York

Jonathan (JD) DeSantis

Partner

Leveraged Finance

+1 212 848 5085

+1 212 848 5085

New York

Stuart K. Fleischmann

Partner

Capital Markets

+1 212 848 7527

+1 212 848 7527

New York

Lisa Jacobs

Of Counsel

Capital Markets

+1 212 848 7678

+1 212 848 7678

New York

Jason Lehner

Partner

Capital Markets

+1 416 360 2974

+1 416 360 2974

+1 212 848 7974

+1 212 848 7974

Toronto

Ilir Mujalovic

Partner

Capital Markets

+1 212 848 5313

+1 212 848 5313

New York

Manuel A. Orillac

Partner

Capital Markets

+1 713 354 4886

+1 713 354 4886

Houston

Antonia E. Stolper

Of Counsel

Capital Markets

+1 212 848 5009

+1 212 848 5009

New York

Trevor Ingram

Partner

Capital Markets

+44 20 7655 5630

+44 20 7655 5630

London

Marwa Elborai

Partner

Finance

+44 20 7655 5524

+44 20 7655 5524

London

Pawel J. Szaja

Partner

Capital Markets

+44 20 7655 5013

+44 20 7655 5013

London

Mehran Massih

Counsel

Real Estate

+44 20 7655 5603

+44 20 7655 5603

+1 212 848 7377

+1 212 848 7377

London

Domenico Fanuele*

Partner

Capital Markets

+39 06 697 679 210

+39 06 697 679 210

+39 02 0064 1510

+39 02 0064 1510

*Partner, Studio Legale Associato Shearman & Sterling LLP

*Partner, Studio Legale Associato Shearman & Sterling LLP

Rome

Sami Toutounji

Partner

Compensation, Governance & ERISA

+33 1 53 89 70 62

+33 1 53 89 70 62

Paris

Hervé Letréguilly

Partner

Capital Markets

+33 1 53 89 71 30

+33 1 53 89 71 30

Paris

Kyungwon (Won) Lee

Partner

Capital Markets

+852 2978 8078

+852 2978 8078

+1 212 848 8078

+1 212 848 8078

Hong Kong

Andrew Schleider

Partner

Capital Markets

+65 6230 3882

+65 6230 3882

Singapore

Masahisa Ikeda

Partner

Capital Markets

+81 3 5251 1601

+81 3 5251 1601

+1 212 848 5378

+1 212 848 5378

Tokyo