The SEC requested comments on disclosures required by Industry Guide 3 – "Statistical Disclosure by Bank Holding Companies." Comments must be submitted by May 8, 2017.
As previously reported, the SEC is soliciting public input on "whether Guide 3 continues to elicit the information that investors need for informed investment and voting decisions," and on whether there are now types of bank-holding company activity disclosures "that investors would find important."
The request for comments is part of a series of steps taken by the SEC in an effort to update its existing reporting standards.
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