SEC Makes Announcement About Exhibits Containing Immaterial, Competitively Harmful Information

The SEC has posted to its Web site an announcement on the new rules and procedures in the Commission’s recently issued final rule FAST Act Modernization and Simplification of Regulation S-K.

The announcement addresses issues related to exhibits containing immaterial and competitively harmful information. Specific topics discussed in the announcement include (1) new rule requirements related to the identification of where information has been omitted from a filed exhibit, (2) the review process for registrant filings for compliance, and (3) transition issues.

For more information, see the SEC announcement on the SEC’s Web site.