United States:
SEC Extends Comment Period On Bank Holding Company Statistical Disclosure Requirements
26 April 2017
Cadwalader, Wickersham & Taft LLP
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The SEC extended the comment period on the disclosures
required by Industry Guide 3 ("Statistical Disclosure
by Bank Holding Companies") from May 8, 2017 until July 7,
2017.
As
reported previously, the SEC is making an effort to update
reporting standards by soliciting public input on whether Guide 3
(i) "continues to elicit the information that investors need
for informed investment and voting decisions," and (ii) there
are additional bank holding company activity disclosures "that
investors would find important."
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