SEC Continues to Streamline and Update Disclosure Requirements
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- On March 20, 2019, the SEC announced the adoption of final rules intended to simplify and modernize the disclosure requirements of public companies, investment companies and investment advisers pursuant to a FAST Act mandate.
- The adopted amendments are largely consistent with those proposed by the SEC on October 11, 2017.
- Among the most notable changes are various updates with respect to the filing and content of exhibits, as well as the related process for confidential treatment requests.