On August 17, the SEC adopted amendments to Regulation S-K intended to simplify and update disclosure requirements, including disclosure requirements that had become duplicative or outdated.

The amendments to Regulation S-K remove requirements that are duplicative, substantially similar to, or related to but differ from financial disclosure requirements of GAAP, IFRS, or other accounting standards, such as the disclosures required by Item 101 (Description of Business) regarding segment financial information, research and development spending and financial information about geographic areas.

Other changes relate to the ease of accessing digital information. For example, issuers must now provide their ticker symbol but need not provide high and low trading prices, as the SEC identified market data as being readily available for free on numerous websites. Similarly, the new rules require issuers to provide their web addresses in certain filings but eliminated the need to include references to the SEC reference room in registration statements.

"It is important to review our regulations to ensure that they evolve along with our capital markets and remain effective and efficient," said SEC Chairman Jay Clayton. "Today's amendments are an example of how thoughtful reviews can prompt changes for the benefit of investors, public companies, and our capital markets."