While SEC Chair Paul Atkins’s first rulemaking agenda is significantly shorter compared to that of his predecessor, Gary Gensler, there is one project—rationalization of disclosure practices—that is very broad and could entail several aspects of disclosure rules.
The description of this agenda item is equally broad: the staff “is considering recommending that the Commission propose rule amendments to rationalize disclosure practices to facilitate material disclosure by companies and shareholders’ access to that information.”
Former SEC officials who spoke during recent conferences believe that this project will likely become a big undertaking.
To dig deeper, visit the original article on the Thomson Reuters blog.