On September 17th, the SEC proposed rules that would update the statistical disclosures that bank and savings and loan registrants provide to investors. In addition, these changes will eliminate overlap with other SEC rules, US GAAP or IFRS. These proposed rules, which comprise a new subpart in Regulation S-K, would replace Industry Guide 3, Statistical Disclosure by Bank Holding Companies. This new subpart would include the SEC’s banking disclosure requirements.
Thursday, September 19. 2019
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