Regulatory Alerts2020-04-20 | 2020-04776Added
Financial Disclosures About Guarantors and Issuers of Guaranteed Securities and Affiliates Whose Securities Collateralize a Registrant's Securities
The Securities and Exchange Commission adopted final rules amending Regulation S-X to simplify and streamline financial disclosure requirements for guarantors, issuers of guaranteed securities, and affiliates whose securities collateralize registered securities. These amendments aim to reduce compliance burdens for registrants while providing investors with material information tailored to specific facts and circumstances. By lowering the costs associated with guarantees and collateral pledges, the rules encourage more registered debt offerings, thereby enhancing investor protection and potentially lowering the cost of capital.
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