Regulatory Alerts2017-03-07 | 2017-04329Added
Request for Comment on Possible Changes to Industry Guide 3 (Statistical Disclosure by Bank Holding Companies)
The Securities and Exchange Commission issued this request for comment to seek public input on modernizing Industry Guide 3, which governs statistical disclosures by bank holding companies. The Commission notes that the financial services industry and accounting standards have evolved significantly since the Guide's last substantive revision in 1986, potentially rendering current requirements duplicative or outdated. The document invites stakeholders to propose changes to the scope, applicability, and content of these disclosures to better serve investor needs.
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