News & Analysis as of

Item 105

Wilson Sonsini Goodrich & Rosati

Silicon Valley 150 Risk Factor Trends Report - Second Edition

The second edition of the Silicon Valley 150 Risk Factor Trends Report summarizes the risk factor disclosure practices of the Valley’s largest public companies. In August 2020, the U.S. Securities and Exchange Commission...more

Shook, Hardy & Bacon L.L.P.

Diversity, Equity & Inclusion: New Pathways and Processes

Nearly a year ago, on August 26, 2020, the Securities and Exchange Commission (SEC) announced that it updated the public disclosure requirements by requiring new descriptions of business (Item 101), legal proceedings (Item...more

Perkins Coie

Preparing for the 2021 Public Company Reporting Season

Perkins Coie on

In anticipation of the upcoming reporting season, we highlight rule changes, guidance, and trends for public companies to consider in preparing annual report and proxy statement disclosures in 2021. During 2020, the U.S....more

Mayer Brown Free Writings + Perspectives

Transitional FAQs Regarding Amended Regulation S-K Items 101, 103 and 105

As we previously reported, the SEC’s amendments to certain provisions of Regulation S-K, including Risk Factors, become effective on Monday, November 9, 2020.  The Staff of the SEC’s Division of Corporation Finance has...more

Bass, Berry & Sims PLC

Recent SEC Comment Letter Reveals the Difference Between Prescriptive-Based and Principles-Based Rules

Bass, Berry & Sims PLC on

As we have previously discussed, on August 26, the Securities and Exchange Commission (SEC) voted to adopt amendments to modernize the description of business (Item 101), legal proceedings (Item 103), and risk factor (Item...more

Foley & Lardner LLP

SEC Amends Regulation S-K to Modernize Business, Legal Proceedings and Risk Factor Disclosures

Foley & Lardner LLP on

On August 26, 2020, the U.S. Securities and Exchange Commission (“SEC”) announced it had adopted a series of amendments (the “Amendments”) to Regulation S-K to modernize the description of business (Item 101), legal...more

McGuireWoods LLP

SEC Updates Regulation S-K Business Description, Legal Proceeding, Risk Factor Disclosures

McGuireWoods LLP on

On Aug. 26, 2020, the U.S. Securities and Exchange Commission (SEC) adopted amendments to Regulation S-K to “modernize” Items 101, 103 and 105 of Regulation S-K, which relate to business description, legal proceedings and...more

Faegre Drinker Biddle & Reath LLP

Living in a Material(ity) World: SEC Adopts Regulation S-K Amendments Rooted in Materiality

Continuing a trend favoring a principles-based, materiality-driven disclosure regime, on August 26, 2020, the Securities and Exchange Commission (SEC) adopted amendments to the description of business (Item 101), legal...more

White & Case LLP

SEC Adopts Amendments to Modernize Disclosures and Adds Human Capital Resources as a Disclosure Topic: Key Action Items and...

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On August 26, 2020, the Securities and Exchange Commission ("SEC") adopted amendments  to crucial SEC disclosure requirements under Regulation S-K, including Item 101 (Description of Business), Item 103 (Legal Proceedings)...more

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