11 Jan SEC – Final Rules – Management’s Discussion and Analysis, Selected Financial Data, and Supplementary Financial Information
January 11, 2021 – SEC is adopting amendments to modernize, simplify, and enhance certain financial disclosure requirements in Regulation S-K. Specifically, we are eliminating the requirement for Selected Financial Data, streamlining the requirement to disclose Supplementary Financial Information, and amending Management’s Discussion & Analysis of Financial Condition and Results of Operations (MD&A).
These amendments are intended to eliminate duplicative disclosures and modernize and enhance MD&A disclosures for the benefit of investors while simplifying compliance efforts for registrants.
The final rules are effective February 10, 2021.
See Section II.F for further information on transitioning to the final rules.
For more information, visit www.federalregister.gov.