{"id":1329,"date":"2013-10-16T16:40:42","date_gmt":"2013-10-16T16:40:42","guid":{"rendered":"https:\/\/www.stockbrokerfraudblog.com\/2013\/10\/sec_looking_to_simplify_disclo"},"modified":"2022-03-10T16:38:50","modified_gmt":"2022-03-10T22:38:50","slug":"sec-looking-to-simplify-disclo","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/sec-looking-to-simplify-disclo\/","title":{"rendered":"SEC Looking to Simplify Disclosure Rules to Minimize \u201cInformation Overload\u201d for Investors"},"content":{"rendered":"<p>\t\t\t\tThe Securities and Exchange Commission will review corporate disclosure rules to possibly get rid of disclosure rules that are creating &#8220;information overload&#8221; for investors. Speaking to the National Association of Corporate Directors, SEC Chairwoman Mary Jo White said that as the quantity and types of issues that companies have to disclose become greater and &#8220;more detailed,&#8221; she wonders whether investors need or benefit from all that information-or if &#8216;information overload&#8217; makes it hard for customers to glean what they should know to make the best investment choices for them.<\/p>\n<p>Commission rules, company efforts, and congressional mandates seeking to prevent lawsuits are what have led to such extensive disclosures. Now, the SEC may consider a possible overhaul after a study of company filing-rules, which was mandated by the 2012 Jumpstart Our Business Startups Act, is released. The JOBS Act mandates that the regulator figure out how to simplify rules for smaller companies.<\/p>\n<p>White said that certain disclosure details are no longer necessary in the wake of such information that is now  widely available online, including via social media. She pointed to examples of information being disclosed that may not be as relevant now as before, such as the ratio of earnings to fixed charges or dilution disclosure requirements. White also spoke about how it might be prudent to begin getting certain information to investors sooner than what current rules and forms mandate for timeframes or whether this could become an added burden to companies.<\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/sec-looking-to-simplify-disclo\/\"  title=\"Continue Reading SEC Looking to Simplify Disclosure Rules to Minimize \u201cInformation Overload\u201d for Investors\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Securities and Exchange Commission will review corporate disclosure rules to possibly get rid of disclosure rules that are creating &#8220;information overload&#8221; for investors. Speaking to the National Association of Corporate Directors, SEC Chairwoman Mary Jo White said that as the quantity and types of issues that companies have to disclose become greater and &#8220;more [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3741],"tags":[],"class_list":["post-1329","post","type-post","status-publish","format-standard","hentry","category-securities-fraud"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SEC Looking to Simplify Disclosure Rules to Minimize \u201cInformation Overload\u201d for Investors &#8212; Investor Lawyers Blog &#8212; October 16, 2013<\/title>\n<meta name=\"description\" content=\"The Securities and Exchange Commission will review corporate disclosure rules to possibly get rid of disclosure rules that are creating &quot;information &#8212; October 16, 2013\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/sec-looking-to-simplify-disclo\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"SEC Looking to Simplify Disclosure Rules to Minimize \u201cInformation Overload\u201d for Investors &#8212; Investor Lawyers Blog &#8212; October 16, 2013\" \/>\n<meta name=\"twitter:description\" content=\"The Securities and Exchange Commission will review corporate disclosure rules to possibly get rid of disclosure rules that are creating &quot;information &#8212; October 16, 2013\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards &amp; Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"SEC Looking to Simplify Disclosure Rules to Minimize \u201cInformation Overload\u201d for Investors &#8212; 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