Chairman Clayton had previously stated that the SEC’s regulatory flex agenda, when issued, will provide meaningful insight into his objectives for the Commission.
The Fall 2017 agenda was released late last week with a list of 26 items divided into two stages of rulemaking: proposed rules and final rules. There are no surprises for corporate issuers in the modest agenda. It does not include any changes to existing disclosure rules that have not already been suggested by the prior administration and does not address issues like shareholder proposals, proxy plumbing, or more dramatic overhauls to encourage more capital formation.
The final rules include:
- Amendments to the property disclosure for mining registrants, which was proposed in June 2016.