The U.S. Securities and Exchange Commission has initiated a comprehensive review of Regulation S-K, with the Division of Corporation Finance tasked to reassess filer disclosure requirements with the stated aim of focusing on material information and avoiding disclosures that are not material to reasonable investors. The review builds on earlier work on executive compensation disclosures under Item 402 of Regulation S-K, where the SEC previously solicited public comment and held a roundtable. More than 70 unique comment letters were received, and staff are evaluating them and preparing recommendations to the Commission on potential revisions to Item 402. As the next phase expands to the remaining Regulation S-K requirements, the SEC is seeking public input on potential amendments, with comments requested as soon as possible and no later than April 13, 2026, referencing File Number CLL-15.
U.S. Securities & Exchange Commission 2026-01-13
U.S. Securities and Exchange Commission directs comprehensive Regulation S-K review and invites comments by April 13, 2026
The U.S. Securities and Exchange Commission is conducting a comprehensive review of Regulation S-K, focusing on material information in filer disclosures, and is seeking public input on potential amendments by April 13, 2026, under File Number CLL-15. This follows earlier work on executive compensation disclosures, with over 70 comment letters received and under evaluation.