United States:
SEC Requests Comment On Bank Holding Company Statistical Disclosure Requirements
15 March 2017
Cadwalader, Wickersham & Taft LLP
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The SEC voted to request comment on disclosures required by Industry Guide 3 – "Statistical
Disclosure by Bank Holding Companies." The request for comment
is part of a series of steps taken by the SEC in an effort to
update its existing reporting standards.
Specifically, the SEC is soliciting public input on
"whether Guide 3 continues to elicit the information that
investors need for informed investment and voting decisions,"
as well as seeking comment on whether there are now types of bank
holding company activity disclosures "that investors would
find important."
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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