agosto 31 2020
SEC Amends Business, Legal Proceedings and Risk Factor Disclosures
On August 26, 2020, the US Securities and Exchange Commission (SEC) adopted amendments to Regulation S-K that are intended to modernize business, legal proceedings and risk factor disclosures. According to the SEC, the amendments are designed to update rules, to improve the readability of disclosures and to simplify compliance for reporting companies. These amendments become effective 30 days after the adopting release is published in the Federal Register. This Legal Update provides background and details on the amendments and discusses practical considerations for public companies.