An SEC rule change intended to simplify or eliminate redundant, overlapping, outdated or superseded disclosure requirements was published in the Federal Register. The effective date is November 5, 2018.
As previously covered, the amendments are part of an SEC effort to align regulations with recent changes in U.S. Generally Accepted Accounting Principles (GAAP), and to implement the Fixing America's Surface Transportation (FAST) Act.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
[View Source]