As part of its disclosure effectiveness initiative, in September 2015, the SEC issued a request for comment on the effectiveness of certain financial disclosure requirements in Regulation S-X for entities other than a registrant. The request for comment focuses on the requirements for the form and content of financial disclosures that companies must file with the SEC about acquired businesses, affiliated entities and guarantors and issuers of guaranteed securities.
The period during which the public could submit comments ended on 30 November 2015. After considering the comments received, the SEC may proceed with a rulemaking proposal to amend the existing disclosure requirements, on which there would be another round for public comment before a final rule is adopted.
The SEC's request for comment is available at: http://www.sec.gov/rules/other/2015/33-9929.pdf
Comments submitted in response to the request can be viewed at: http://www.sec.gov/comments/s7-20-15/s72015.shtml
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