About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

SEC Updates Regulatory Disclosure Requirements

Subscribe to our newsletter

The US Securities and Exchange Commission (SEC) has voted to propose rule amendments to modernize the description of business, legal proceedings, and risk factor disclosures that registrants are required to make to ‘Regulation S-K’ – a US regulation that lays out reporting requirements for public companies.

The proposed amendments are intended to update the rules to improve disclosures for investors and to simplify compliance efforts.

“The world economy and our markets have changed dramatically in the more than 30 years since the adoption of our rules for business disclosures by public companies.  Today’s proposal reflects these significant changes, as well as the reality that there will be changes in the future,” says SEC Chairman Jay Clayton.

“I applaud the staff for their efforts to modernize and improve our disclosure framework, including recognizing that intangible assets, and in particular human capital, often are a significantly more important driver of value in today’s global economy.  The proposals reflect a thoughtful mix of prescriptive and principles-based requirements that should result in improved disclosures and the elimination of unnecessary costs and burdens.”

The regulator is inviting further engagement from market participants on the proposal, and has opened a 60-day public comment period, following its publication in the Federal Register on August 8, 2019.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: How to leverage Generative AI and Large Language Models for regulatory compliance

Generative AI (GenAI) and Large Language Models (LLMs) offer huge potential for change across capital markets, not least in regulatory compliance where they have the capability to help firms understand and interpret regulations, automate compliance, monitor transactions in real time, and flag anomalies in the same timeframe. They also present challenges including explainability, responsibility, model...

BLOG

ESG Space Has Strengthened Under Pressure, Summit Lead Speaker Says

The ESG space has emerged stronger from a bruising year of criticism, with financial institutions and companies alike taking a more considered approach to integrating sustainability considerations into their operations. That is the message from the lead speaker at this year’s ESG Data and Tech Summit London, who also forecasts that vendors and users will...

EVENT

TradingTech Briefing New York

Our TradingTech Briefing in New York is aimed at senior-level decision makers in trading technology, electronic execution, trading architecture and offers a day packed with insight from practitioners and from innovative suppliers happy to share their experiences in dealing with the enterprise challenges facing our marketplace.

GUIDE

Regulatory Data Handbook 2024 – Twelfth Edition

Welcome to the twelfth edition of A-Team Group’s Regulatory Data Handbook, a unique and useful guide to capital markets regulation, regulatory change and the data and data management requirements of compliance. The handbook covers regulation in Europe, the UK, US and Asia-Pacific. This edition of the handbook includes a detailed review of acts, plans and...