SEC Proposes Amendments to Financial Disclosures Relating to Acquired and Disposed Businesses

On May 3, 2019, the Securities and Exchange Commission (the “SEC”) issued a release proposing amendments to the requirements in Rule 3-05, Rule 3-14 and Article 11 of Regulation S-X and related rules and forms for financial statements relating to acquisitions and dispositions of businesses. The SEC also proposed new financial disclosure rules, including proposed […]