Proshare - Facebook Proshare - Twitter Proshare - Google+ Proshare - Linked In Proshare - RSS Feed

US SEC Budget Highlights Capital Formation And Small Business Capital Formation

Proshare

Thursday, March 01, 2018    03:01PM / Anna T Pinedo / ILO Capital Markets / Contributed by Morrison & Foerster LLP 

In the recently released Congressional Budget Justification, the Securities and Exchange Commission highlights a number of priorities. In discussing the Division of Corporation Finance's activities, the request notes that the Division remains focused on measures designed to promote capital formation. 

Among these, the report notes that the Division will consider and propose amendments to modernize disclosure requirements under Regulation S-K as part of the Disclosure Effectiveness Initiative and will implement recommendations resulting from the FAST Act-mandated Regulation S-K study. 

The budget request also references the Commission's intent to "propose amendments to further facilitate capital formation through exempt and registered offerings." The request also refers to proposed amendments to modernize industry-specific disclosures applicable to real estate companies, including REITs. 

While changes to Industry Guide 7 (mining) and Industry Guide 3 (financial institutions) have been underway, this is the first reference to changes to the REIT industry guide. 

Reference is also made to the Commission's efforts to establish the Office of the Advocate for Small Business Capital Formation. 

For further information on this topic please contact Anna T Pinedo at Morrison & Foerster LLP by email (apinedo@mofo.com).

 Proshare Nigeria Pvt. Ltd. 


Related News

1. Stakeholders harp on Collective Action at 3rd UN Global Compact Anti-Corruption Workshop for MSMEs

2.  2016 Outlook for MSMEs: Critical Times, Strategic Choices

3.  Fiscal Year 2018 Congressional Budget Justification and ... - SEC.gov

4. SEC.gov | Fiscal Year 2018 Congressional Budget Justification and ...

5.  SEC FY 2017 Congressional Budget Justification, FY 2017 ... - SEC.gov

6.  Department of State and USAID FY 2019 Budget Request

7.  State Department, USAID Face Drastic Budget Cut – Foreign Policy – Feb 12, 2018

READ MORE:
Related News