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SEC Looks to Release Plan for Updating Company Disclosure Rules

Aug. 2, 2019, 4:09 PM

New details on the SEC’s plans for amending some company reporting requirements are expected to arrive in the coming days.

The Securities and Exchange Commission on Aug. 8 will vote on whether to release a proposal that stems from the Disclosure Effectiveness Initiative former Chairman Mary Jo White started during the Obama administration.

The possible changes under consideration would update rules about the description of a company’s business and disclosures concerning its legal proceedings and risk factors under Regulation S-K, according to an Aug. 1 agency notice. The rule set governs non-financial reporting.

“The proposed amendments are intended to ...