Accounting Journal Entry
January 12, 2016 — On December 21, 2015, the SEC’s Division of Corporation Finance issued four Compliance and Disclosure Interpretations (C&DIs) of requirements under the FAST Act1 that apply to savings and loan holding companies. The new C&DIs discuss:
- The FAST Act’s effect on Sections 12(g) and 15(g) of the Securities Exchange Act of 1934.
- The FAST Act’s effect on registrations as of a fiscal year-end on or before December 4, 2015.
- Termination of the registration of a class of equity security.
- Suspension of reporting obligations.