The Securities and Exchange Commission issued a proposal on
August 31, 2016 that if adopted will require a public company to
include a hyperlink to each exhibit it lists in registration
statements and periodic and current reports filed with the SEC. The
SEC believes these proposed changes will facilitate easier access
by investors to documents that are exhibits to these SEC
filings.
The proposal applies to public companies that file registration
statements and periodic and current reports subject to the exhibit
requirements of Item 601 of Regulation S-K, as well as those that
file on Forms F-10 or 20-F. These forms include Forms S-1, S-3,
S-4, S-8, S-11, F-1, F-2, F-4, SF-1 and SF-3 under the Securities
Act of 1933, as well as Forms 10, 10-K, 10-Q, 8-K, 10-D and 20-F
under the Securities Exchange Act of 1934. Under the proposal,
public companies are required to include an active hyperlink to
each exhibit listed in the filing's exhibit index, even if the
exhibit is
