What is SEC Regulation SX applicable to?
Regulation S-X is a U.S. Securities and Exchange Commission rule that covers annual reports and financial statements from companies.
What is a significant subsidiary SEC?
(1) The term significant subsidiary means a subsidiary, including its subsidiaries, which meets any of the conditions in paragraph (w)(1)(i), (ii), or (iii) of this section; however if the registrant is a registered investment company or a business development company, the tested subsidiary meets any of the conditions …
What is Regulation S-X vs SK?
Regulation S-K is generally focused on qualitative descriptions while the related Regulation S-X focuses on financial statements.
What is Regulation G SEC?
The SEC’s Regulation G says that any companies releasing non-GAAP financial information must include “a presentation of the most directly comparable GAAP financial measure and a reconciliation of the disclosed non-GAAP financial measure to the most directly comparable GAAP financial measure.” 3
What is Regulation S-X Article 11?
S-X Article 11 permits the ending date of the periods included for the target company to differ from those of the registrant by up to 93 days and may provide sufficient relief.
What is Rule 3 05 Regulation S-X?
Rule 3-05 of Regulation S-X, which generally requires a registrant to provide separate audited annual and unaudited interim pre-acquisition financial statements of an acquired or to be acquired business, and Rule 3-14 of Regulation S-X, which similarly requires a registrant to provide financial statements for acquired …
What is regulation G SEC?
What does Reg G apply to?
Application Regulation G applies whenever such a registrant, or a person acting on its behalf, discloses publicly or releases publicly any material information that includes a non-GAAP financial measure.
Does Regulation G apply to foreign private issuers?
Regulation G requires any SEC-registered company, including a foreign private issuer (unless its communication is eligible for an exception), to comply with presentation and reconciliation requirements whenever it publicly discloses material information that includes a non-GAAP financial measure.
What is Rule 3 05 Regulation SX?
What is pro forma reporting according to Regulation SX of the SEC?
3210.1S-X Article 11 pro forma financial information is intended to provide investors with information about the continuing impact of a transaction by showing how a specific transaction or group of transactions might have affected historical financial statements, illustrating the scope of the change in the registrant’s …
What is Regulation SX Article 11?
What is the purpose of amending Rule 3 05?
Who does Regulation G apply to?
Application Regulation G applies to any entity that is required to file reports pursuant to Sections 13(a) or 15(d) of the Exchange Act, other than a registered investment company.
Does Regulation SX apply to foreign private issuers?
Regulation S-X provides that any foreign private issuer may file financial statements whose age is specified in Item 8. A of Form 20-F (Rule 3-12(f) of Regulation S-X).
What is Rule 3 05 Regulation Sx?
What is the purpose of Regulation G?
Key Takeaways. Regulation G requires disclosure of a bank’s compliance with anti-discriminatory lending laws. The Community Reinvestment Act of 1977 mandated an end to discriminatory lending practices. Regulation G is a federal rule that covers all banks insured by the FDIC.
What does Regulation G apply to?