SEC Revises CFI Related to Securities Act Forms

The SEC has revised Question 115.15 of its corporation finance interpretations (CFIs) on its Securities Act forms, which addresses whether ”an issuer that timely filed its Exchange Act reports during the past twelve months, but was not required to file reports under the Exchange Act for a portion of that period, [would] be able to satisfy Instruction I.A.3 of Form S-3.”

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