A Conversation With Chair White

Chair White spoke at the Annual Securities Regulation Institute in San Diego last week and participated in a Q&A session. We have highlighted below commentary on topics of interest to our readers.

• Disclosure effectiveness: Chair White noted that this initiative is one of the Commission's important priorities. She noted the requests for comment that had been issued in late 2015 regarding certain Regulation S-X requirements, and indicated that the next milestone is likely to be a concept release on S-K. Chair White also mentioned technical amendments that are intended to eliminate repetition or overlap in disclosures related to financial statements. Chair White also noted that the Staff intends to review Industry Guide 3 for banks and other financial institutions, and Guide 7 on mining.