The SEC extended the comment period for proposed amendments related to disclosure requirements that "may have become redundant, duplicative, overlapping, outdated, or superseded" in light of other (i) SEC disclosure requirements, (ii) U.S. Generally Accepted Accounting Principles ("U.S. GAAP"), and (iii) International Financial Reporting Standards, given the "changes in the information environment." The comment extension was published in the Federal Register.
Comments on the proposal must now be submitted by November 2, 2016.
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