U.S. Securities and Exchange Commission Updates Compliance and Disclosure Interpretations
10 June 2010
Mayer Brown Legal Update
On June 4, 2010, the Division of Corporation Finance of the U.S. Securities and Commission updated its Compliance and Disclosure Interpretations (C&DIs) regarding Securities Act sections (http://www.sec.gov/divisions/corpfin/guidance/sasinterp.htm), Securities Act rules (http://www.sec.gov/divisions/corpfin/guidance/securitiesactrules-interps.htm), Securities Act forms (http://www.sec.gov/divisions/corpfin/guidance/safinterp.htm), Regulation S-K (http://www.sec.gov/divisions/corpfin/guidance/regs-kinterp.htm), Exchange Act rules (http://www.sec.gov/divisions/corpfin/guidance/exchangeactrules-interps.htm), Exchange Act Form 8-K (http://www.sec.gov/divisions/corpfin/guidance/8-kinterp.htm), and Regulation FD (http://www.sec.gov/divisions/corpfin/guidance/regfd-interp.htm). We have selected some of the key questions and answers from the updated C&DIs and set them forth below.