The SEC has announced that the Division of Corporation Finance’s Disclosure Review Program (DRP) will be supplemented with an Office of Crypto Assets and an Office of Industrial Applications and Services later this fall. The new offices will connect with the seven existing offices that provide focused review of issuer filings. Continue reading "SEC Division of Corporation Finance Announces..." »

On September 9th, the SEC announced that it has approved rules to adjust the annual gross revenue thresholds in the definition of “emerging growth company” (EGC). The SEC also adopted rules to increase certain dollar amounts in Regulation Crowdfunding to make effective inflation adjustments required under Titles I and III of the Jumpstart Our Business Startups (JOBS) Act. Continue reading "SEC Adopts Inflation Adjustments Under JOBS Act" »

The SEC has announced a virtual Investor Advisory Committee meeting that will take place on Wednesday, September 21, 2022, at 10:00 a.m. ET. The public may attend this free event, which will be presented live via webcast at sec.gov. {expires: 2022-06-22} Continue reading "SEC Announces Next Investor Advisory Committee..." »

XBRL US’ Data Quality Committee (DQC) will host an online meeting for industry leaders to further engage in discussions and plans to establish rules and guidance for public corporations complying with the SEC’s XBRL requirements. The three-hour meeting takes place on Wednesday, September 21, 2022 and will begin at 9:00 a.m. ET. {expires: 2022-09-22} Continue reading "XBRL US Announces Upcoming Data Quality..." »

On September 8th, the FASB announced that it has released for public review and comment proposed technical and other conforming improvements for the 2023 SEC Reporting Taxonomy (SRT) along with the related release notes. The technical and conforming modifications made to the SRT are designed to improve its overall utility. Continue reading "FASB Releases Proposed Changes and Technical..." »

The SEC’s Division of Trading and Markets will convene a meeting via webcast on sec.gov on Wednesday, September 14, 2022 at 10:00 a.m. ET. The meeting is free and open for the public to attend. The meeting will focus on treasury clearing standards and risk management. {expires: 2022-09-15} Continue reading "SEC Staff to Discuss Treasury Clearing..." »

The SEC has released its Draft 2022–2026 Strategic Plan for public comment. The plan is comprised of a draft of the SEC’s strategic goals, planned initiatives, mission, vision, and values. By introducing these goals, the SEC expects to continue to be a proficient, consistent presence in the evolving capital markets. Continue reading "SEC Releases Draft Fiscal Years 2022-2026..." »

On September 6th, the Financial Accounting Standards Board (FASB) staff issued the Proposed 2023 DQC Rules Taxonomy (DQCRT) for the US GAAP and SEC reporting taxonomies. Individuals and organizations may review and comment on the modifications made to the proposed DQCRT until October 6, 2022. Continue reading "FASB Releases Proposed 2023 DQCRT for Review..." »

XBRL US will host a webinar to discuss how businesses and governments benefit from machine learning and artificial intelligence platforms with regards to identifying patterns and anomalies, and how quality structured data improves results in machine learning platforms. The online seminar will take place on Thursday, September 29, 2022, beginning at 3:00 p.m. ET. The one-hour event is open for the public to attend at no cost, but registration is required. {expires: 2022-09-30} Continue reading "XBRL US to Host Webinar: AI, Machine Learning..." »

On September 2nd, the SEC announced that the Insider Transactions Data Sets are available for download on sec.gov. Under Section 16 of the Securities Exchange Act of 1934, senior executives, directors, and 10%+ shareholders (also referred to as insiders) must make initial and ongoing filings pertaining to their company stock holdings. This also includes the requirement that insiders report most of their transactions in the company’s stock. Continue reading "SEC Publishes Insider Transactions Data Sets" »

The FERC has announced that the eForms Accepted Filings RSS feed was updated to support the performance of the eForms system. RSS feed subscriptions are limited to 650 current filings. Continue reading "FERC Releases Updates to eForms Refresh" »

On August 26th, the SEC adopted two amendments to Exchange Act Rules 21F-3 and 21F-6. These rules regulate the SEC’s whistleblower program, which was established in 2010. The first rule change expands the circumstances in which the SEC is allowed to pay whistleblowers for their information and assistance in connection with non-SEC actions in additional circumstances. The second rule affirms the SEC’s authority to consider the factors as well as the dollar amount of a potential award to increase an award but not to lower an award. Continue reading "SEC Modifies Whistleblower Rules to Encourage..." »

On August 25th, the SEC announced that it has approved amendments to implement the pay versus performance provision as required by Congress in the Dodd-Frank Act. Under the newly adopted rules, registrants are required to disclose information about the relationship between executive compensation actually paid by a registrant and the registrant’s financial performance.

Continue reading "SEC Approves Pay Versus Performance Disclosure..." »

On August 26th, the SEC announced that the fees that public companies and other issuers pay to register their securities with the SEC will be $110.20 per million dollars, an increase from $92.70 per million dollars in the previous fee rate advisory. The change in the fee rate will be effective October 1. Continue reading "SEC Publishes Fee Rate Advisory #1 for Fiscal..." »

The SEC has announced that, in conjunction with the Commodity Futures Trading Commission (CFTC), it is proposing amendments to Form PF that would revise reporting requirements for all filers and large hedge fund advisers. Form PF is the confidential reporting form for certain SEC-registered investment advisers to private funds. This includes those also registered with the CFTC as a commodity pool operator (CPO) or commodity trading adviser (CTA). Continue reading "SEC, CFTC Announce Proposed Amendments to..." »