#SECGuidance
The Securities and Exchange Commission (SEC) provides guidance through various channels. Here's an overview:
Types of Guidance
- *Staff Guidance*: Written and oral statements made by SEC staff on accounting and legal matters, providing insights into compliance with federal securities laws. These include ¹:
- *Corporation Finance Guidance*: Guidance on corporate finance matters
- *Investment Management Guidance*: Guidance on investment management
- *Trading and Markets Guidance*: Guidance on trading and markets
- *Rulemaking Process*: The SEC solicits public input and undergoes rigorous analysis before implementing regulatory changes ².
- *No-Action Letters*: Correspondence from SEC staff in response to requests for no-action, interpretive, or exemptive letters.
- *Policy Statements*: The Commission issues policy statements to clarify its position on specific matters.
Recent Focus Areas
- *Climate Change Disclosures*: The SEC focuses on climate-related disclosures, including past impacts on company operations and known trends or uncertainties ³.
- *ESG Matters*: Environmental, social, and governance (ESG) matters, such as board diversity, human capital management, and cybersecurity risk governance.
- *Non-GAAP Financial Measures*: The SEC staff emphasizes compliance with interpretive guidance on non-GAAP financial measures.
- *Cybersecurity*: The SEC prioritizes cybersecurity, including disclosure controls and procedures related to cybersecurity breaches.
Resources
- *SEC Website*: The official SEC website ((link unavailable)) provides access to staff guidance, rulemaking activities, and other resources.
- *EDGAR*: The Electronic Data Gathering, Analysis, and Retrieval (EDGAR) system allows for searching and retrieving SEC filings.
