Capital Markets & Securities Law Watch

International events, such as Brexit and the 2007 global recession, often drive SEC disclosures by public companies, and the disease known as COVID-19 (the “Coronavirus”) is proving to be no exception. On March 4, the SEC advised all public companies to assess what the Coronavirus means for their future operations and financial results and to make appropriate disclosures to their shareholders and other members of the investment community.

Today the SEC released proposed amendments to certain disclosure requirements in Regulation S-K. According to the SEC, the amendments aim to modernize, simplify, and enhance existing disclosure requirements. A companion release also released today provides additional guidance on key performance indicators and metrics disclosed in MD&A.