Monday, June 26, 2017

White paper examines disclosure rollbacks, virtual currencies and other securities filings hot topics

The Trump Administration’s desire to deregulate the financial services industry has already resulted in the disapproval of the resource extraction issuers rule and a call for new SEC guidance on conflict minerals disclosure. Wolters Kluwer senior writers Jay Fishman, J.D. and Mark S. Nelson, J.D. have prepared a white paper that examines the moves the Trump Administration and the SEC have already made in 2017 to alter public company disclosure obligations. The white paper also takes a wider view of issues affecting securities filings, including how the SEC is addressing fintech and what it is doing about its aging cybersecurity guidance. States too have taken up cybersecurity, including Colorado, which recently adopted rules that emphasize the security of confidential personal information. The authors look at emerging issues with virtual currencies and discuss the potential impact on capital formation of new Rule 147A and amendments to Regulation A and Rule 147.

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