Prior to 2020, the last significant revisions to Regulation S-K were over 30 years ago.  As modernization of the human capital disclosure requirements have caught up with the times, companies are faced with setting reporting precedents.  See our previous post that provides an explanation of the Regulation S-K amendments.   

How did companies respond to the

In another step toward the integration of climate factors into the US corporate disclosure landscape, Acting Chair of the US Securities and Exchange Commission (SEC), Allison Herren Lee, issued a request for public input on climate change disclosures on March 15, 2021.

The request seeks input relating to 15 climate-related disclosure topics, including:

  • specific disclosure

On March 9, 2021, the Corporation Finance Division of the Securities and Exchange Commission (SEC) updated its guidance in Disclosure Topic No. 7 for preserving confidential treatment of exhibits redacted pursuant to an SEC confidential treatment order (CTO) that is about to expire.

CTOs are becoming more rare. Most companies obtain confidential treatment without a

February 10, 2021 Webinar
1:00pm – 2:00pm EST
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In recent years, the U.S. Securities and Exchange Commission (SEC) has continued to execute on its disclosure effectiveness initiative, which has as its objective eliminating redundant and outdated disclosure requirements, as well as modernizing the requirements applicable to SEC reporting companies. As a result,

January 25, 2021 Webinar
1:00pm – 2:00pm EST
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Given that 2020 was such a tumultuous year, even the most dedicated securities lawyer may have missed a rule change or two. The U.S. Securities and Exchange Commission (SEC) was also particularly busy. Under the leadership of SEC Chair Clayton, the SEC had one

In this microtalk video, Management’s Discussion & Analysis, Laura Richman discusses the SEC’s recent amendments to several of the disclosure requirements relating to Management’s Discussion & Analysis of Financial Condition and Results of Operations (MD&A, or the Regulation S-K Item 303 requirements), in order to streamline and modernize these.

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On November 19, 2020, the US Securities and Exchange Commission continued its recent efforts to modernize and simplify certain financial disclosure requirements in Regulation S-K by amending Item 303 of Regulation S-K (Management’s Discussion and Analysis of Financial Condition and Results of Operations (MD&A)) and revising or eliminating several other requirements of Regulation S-K. This

The Securities and Exchange Commission continues to move forward with its rulemaking agenda.  Today, the SEC announced that it voted to adopt amendments to the MD&A disclosure requirements.  These had been proposed at the beginning of the year.  The amendments are part of the SEC’s continuing disclosure effectiveness initiative and are intended to modernize and