SEC Final Amendments On Disclosures For Registered Debt Offerings

By | 10/20/2020 | 11:20 am ET

On March 2, 2020, the SEC adopted amendments to the financial disclosure requirements applicable to registered debt offerings under Rules 3-10 and 3-16 of Regulation S-X. Rules 3-10 and 3-16 renumbered as Rules 13-01 and 13-02 under a new article 13 in the same Regulation. The amendments will: Facilitate easy understanding of the disclosure Reduce the cost of compliance for companies Eliminate unnecessary burdens on issuers Discourage unregistered debt-offerings Rule…

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