SEC

SEC Sample Letter on XBRL Disclosures

The SEC's Division of Corporation Finance has issued a sample letter providing illustrative comments on XBRL and Inline XBRL disclosures for companies. This guidance aims to improve the quality of corporate financial data filed under the Securities Act and Exchange Act, particularly in light of the Financial Data Transparency Act.

SEC Sample Letter on Crypto Asset Market Developments (Withdrawn)

The SEC has withdrawn a sample letter issued in December 2022 that provided guidance to companies on their disclosure obligations related to crypto asset market developments. The letter, which was intended to help companies assess and disclose the impact of market events on their business, is no longer considered current guidance.

SEC Guidance on COVID-19 Business Disclosures

The SEC's Division of Corporation Finance issued guidance on COVID-19 business disclosures on March 25, 2020. This guidance has since been withdrawn as of May 6, 2025, indicating it is no longer current.

SEC COVID-19 Disclosure Considerations for Company Operations

The SEC's Division of Corporation Finance issued guidance on COVID-19 disclosure considerations for public companies regarding operations, liquidity, and capital resources. This guidance, originally issued on June 23, 2020, has since been withdrawn.

SEC Securities Act Rules Compliance and Disclosure Interpretations Updated

The SEC's Division of Corporation Finance has updated its Compliance and Disclosure Interpretations (C&DIs) for Securities Act Rules. The latest update, dated March 6, 2026, clarifies guidance on using hyperlinks for required statements in electronic communications, particularly on social media platforms with character limitations.

SEC Securities Act Forms Compliance and Disclosure Interpretations

The SEC's Division of Corporation Finance has updated its Compliance and Disclosure Interpretations (C&DIs) related to Securities Act Forms. The latest update, dated March 6, 2026, revises existing interpretations and includes Q&As on general applicability, form eligibility, prospectus graphic presentations, and financial information for Emerging Growth Companies.

SEC Regulation S-K Interpretations Updated

The SEC's Division of Corporation Finance has updated its Compliance & Disclosure Interpretations (C&DIs) for Regulation S-K. The latest update, dated March 6, 2026, revises some existing interpretations and adds new ones, primarily clarifying definitions for smaller reporting companies and accelerated filers.

SEC HFIA Act FAQs on Foreign Issuer Obligations

The SEC's Division of Corporation Finance released Frequently Asked Questions (FAQs) regarding the Holding Foreign Insiders Accountable Act (HFIA Act). These FAQs clarify obligations for foreign private issuers and their directors/officers concerning Section 16(a) filings, with a key deadline of March 18, 2026.

SEC Staff Interpretations of Regulation Crowdfunding

The SEC staff has updated its Compliance and Disclosure Interpretations (C&DIs) for Regulation Crowdfunding. These updates provide staff interpretations on topics such as issuer communications prior to filing Form C and investment limits for non-natural persons. The guidance is non-binding and subject to change.

SEC Staff Legal Bulletins Summarizing Federal Securities Laws

The SEC has updated its guidance on Staff Legal Bulletins, which summarize the staff's views on federal securities laws and regulations. These bulletins represent the interpretations followed by various SEC divisions but are not legally binding.