The SEC has proposed altering regulations regarding how public firms disclose business , legal and risk factors in company filings . The proposal is in a position to reduce to compliance requirements for these firms and improve readability of statements made to investors . The SEC 's suggestions will also look to reduce the inclusion of repetitions or non - material information . The firms are now subject to a 60-day public disclosure period .
The SEC has proposed altering rules determining how public firms disclose business, legal and risk factors in company filings. The proposal is in a bid to reduce to compliance burden for these firms and improve readability of disclosures made to investors. The SEC's suggestions will also look to discourage the inclusion of repetitions or non-material information. The changes are now subject to a 60-day public comment period.