The SEC has proposed amendments to financial disclosures for guarantors and issuers of guaranteed securities and affiliates whose securities collateralize issuers’ securities. The proposal would amend Rules 3-10 and 3-16 of Regulation S-X
SEC Release No. 33-10526; 34-83701; File No. S7-19-18
The SEC’s proposal on Rules 3-10 and 3-16 of Regulation S-X would revise the financial statement requirements for Rule 3-10 as well as the alternative disclosures in Rules 3-10 and 3-16. The proposed changes are intended to:
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