On October 11, 2017, the Securities and Exchange Commission proposed amendments to modernize and simplify disclosure requirements in Regulation S-K and to make parallel amendments to investment company and investment adviser rules and forms. The amendments are intended to improve the readability and navigability of disclosure documents and discourage repetition and disclosure of immaterial information.
The proposed amendments are available on the SEC’s website at https://www.sec.gov/rules/proposed/2017/33-10425.pdf. Public comments on the proposed amendments will be due within 60 days after publication of the proposed amendments in the Federal Register.