SEC PROPOSAL: THE END OF EQUITY COMPENSATION PLAN DISCLOSURE?

The Securities and Exchange Commission’s recent flurry of regulatory activities shows progress with the agency’s evaluation of disclosure requirements. As part of a larger regulatory revamp of Regulation S-K and related filings, the SEC proposes to eliminate the now obsolete disclosure requirements regarding equity compensation plans.

Regulation S-K governs the disclosure requirements for various SEC filings by public companies. The SEC issued proposed rules to amend Regulation S-K on Jul. 13, including a demonstration version of the proposed amendments, which provides nearly 200-pages of proposed additions and deletions to the Regulations. A concept release soliciting comments from the public was previously issued on Apr. 13.  Read More