Search Results for keywords:"public companies"

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Search Results: keywords:"public companies"

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  • 2021-03884 — Submission for OMB Review; Comment Request
    Type:Notice
    Citation:86 FR 11567
    Reading Time:about a minute or two

    The Securities and Exchange Commission (SEC) has submitted a request to the Office of Management and Budget (OMB) to extend a rule under the Paperwork Reduction Act of 1995. This rule, known as Rule 236, provides an exemption from registration for stock offerings related to company actions like stock splits or mergers, allowing certain information to be provided to the SEC and made publicly available. The SEC estimates that around 10 public companies will respond to this requirement annually, with each response taking about 1.5 hours. Comments on this information collection can be submitted within 30 days.

    Simple Explanation

    The SEC is asking for permission from another government office to keep a rule that lets some companies skip a step when they change their stocks, like when they merge or split. This process takes a little bit of time each year for these companies, and they’d like people to share their thoughts about it.

  • 2025-01765 — Proposed Collection; Comment Request; Extension: Regulation FD-Other Disclosure Materials
    Type:Notice
    Citation:90 FR 8313
    Reading Time:about 2 minutes

    The Securities and Exchange Commission (SEC) is asking for comments on the information collection related to Regulation FD, which requires public companies to share important information with all investors equally. This regulation aims to prevent selective disclosure, ensuring that material information is available to everyone at the same time. The SEC estimates that roughly 7,196 companies each make five such disclosures annually, resulting in 19,274 responses and about 96,370 total hours of effort. They are seeking feedback by March 31, 2025, on whether the collection is useful, if their time estimates are correct, and how the process might be improved or made less burdensome.

    Simple Explanation

    The SEC wants to make sure that when companies share important news, everyone hears it at the same time. They're asking people to help them figure out if they're doing this in the best way, by sharing thoughts and ideas by March 31, 2025.