Final Rule
Amendments to Financial Disclosures About Acquired and Disposed Businesses
Overview
We are adopting amendments to our rules and forms to improve their application, assist registrants in making more meaningful determinations of whether a subsidiary or an acquired or disposed business is significant, and to improve the disclosure requirements for financial statements relating to acquisitions and dispositions of businesses, including real estate operations and investment companies. The changes are intended to improve for investors the financial information about acquired or disposed businesses, facilitate more timely access to capital, and reduce the complexity and costs to prepare the disclosure.
Prior Actions
Proposed Rule (33-10635)
Release Number
33-10635
34-85765
IC-33465
SEC Issue Date
May 3, 2019
Federal Register Publish Date
May 28, 2019
Document Citation
84 FR 24600
RIN
3235-AL77
Resources
Details
File Number
S7-05-19
Rule Type
Final
Release Number
33-10786
34-88914
IC-33872
SEC Issue Date
May 20, 2020
Effective Date
January 1, 2021
Federal Register Publish Date
Aug. 31, 2020
Document Citation
85 FR 54002
RIN
3235-AL77