SEC Releases CFIs Related to Securities Act Rules and Forms

The SEC has updated its corporation finance interpretations (CFIs) related to its Securities Act rules and forms. Specifically, the following new CFIs have been released:

• New Question 240.18 under the Securities Act rules, which addresses a scenario involving “an offset against fees paid on a preliminary merger Schedule 14C.”
• New Questions 113.09–.12 under the Securities Act forms, which address issues related to situations in which companies are “eligible to forward incorporate by reference on Form S-1” and have elected to do so.

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