Topic |
Amendment |
Description of Business (Item 101 of Regulation S-K) |
Segment InformationItem 101(b) of Regulation S-K |
Segment financial information, restatement of prior periods when reportable segments change, and discussion of interim segment performance that may not be indicative of current or future operations are no longer required, as such information is already required pursuant to U.S. generally accepted accounting principles (“GAAP”). |
Research and DevelopmentItems 101(c)(1)(xi) and 101(h)(4)(x) of Regulation S-K |
The requirement to disclose amounts spent on research and development activities in a discussion on business is deleted because similar disclosure is already required pursuant to GAAP. |
Geographic AreaItem 101(d) of Regulation S-K |
The requirement to disclose financial information by geographic area is deleted because similar disclosure is already required under GAAP. |
MD&A (Item 303 of Regulation S-K) |
Geographic AreaItem 303(a) of Regulation S-K |
Discussion of trends and uncertainties is amended to require disclosure by geographic area. |
SeasonalityInstruction 5 to Item 303(b) of Regulation S-K |
A discussion of the seasonal aspects to the business that materially affected the business is no longer required in interim reports due to overlap with GAAP and other items of Regulation S-K. |
Market Information Concerning Common Equity (Item 201 of Regulation S-K) |
Market PricingItem 201(a)(1) of Regulation S-K |
Issuers must disclose the trading symbol for their common equity and their principal trading market. Issuers with an established trading market for their common equity are no longer required to provide certain public market price disclosures due to the readily available nature of such information. |
Warrants, Rights, and Convertible InstrumentsItem 201(a)(2)(i) of Regulation S-K |
Disclosure of the amount of common equity subject to outstanding options warrants or convertible securities is no longer required because similar disclosure is already required under GAAP. |
DividendsItem 201(c)(1) of Regulation S-K |
Disclosure of the frequency and amount of cash dividends declared is no longer required due to duplicative requirements under Regulation S-X.Disclosure of restrictions that materially limit the ability to pay dividends is no longer required under Regulation S-K and is now required under Regulation S-X. |
Certain Other Items |
Ratio of Earnings to Fixed ChargesItem 503(d) of Regulation S-K |
The requirement for certain issuers, including those with registered debt securities and preference equity securities, to disclose historical and pro forma ratios of earnings to fixed charges and preference dividends to earnings is deleted because such information is generally available to investors through other means and similar disclosure concerning an offering’s effect on certain fixed charges is already required under Item 504 of Regulation S-K. |
Where You Can Find More Information and WebsiteItem 101(e)(2) and (e)(3) of Regulation S-K and Certain Forms |
The requirement to identify the Public Reference Room and its address and phone number is deleted, but issuers are required to disclose their website address, if available. |
Exhibits (Item 601 of Regulation S-K) |
Item 601(b) of Regulation S-K |
The following exhibits are no longer required:
- Item 601(b)(11) – Statement re: computation of per share earnings
- Item 601(b)(12) – Statement re: computation of ratios
- Item 601(b)(19) – Report furnished to security holders
- Item 601(b)(22) – Published report regarding matters submitted to vote of security holders
- Item 601(b)(26) – Invitations for competitive bids
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