Enhancement of Emerging Growth Company Accommodations and Simplification of Filer Status for Reporting Companies

What it does

The Securities and Exchange Commission ("Commission") proposes amendments to streamline filer statuses for Securities Exchange Act of 1934 ("Exchange Act") reporting companies into two primary categories: large accelerated filers and non-accelerated filers. The Commission further proposes to raise the threshold and seasoning requirements for large accelerated filer status and extend certain existing accommodations and scaled disclosures, including those for smaller reporting companies and emerging growth companies, to all non-accelerated filers, while continuing to require compliance with non-scaled disclosure from large accelerated filers. The Commission also proposes to extend the deadlines to file periodic reports for the smallest non-accelerated filers, as measured by total assets. Finally, the Commission also proposes to update the rules that define which issuers are considered small entities for purposes of the Regulatory Flexibility Act ("RFA").

The Securities and Exchange Commission's summary, as published in the Federal Register.

What it would change

7 parts of Title 17 of the Code of Federal Regulations:

17 CFR 210, 17 CFR 229, 17 CFR 230, 17 CFR 232, 17 CFR 239, 17 CFR 240, 17 CFR 249

Before this

No earlier Federal Register document under regulation identifier 3235-AN40 since Jan. 1, 2025.

What happens next and when

Comments should be received on or before July 20, 2026.

The agency's dates, word for word.

Check it yourself

• The document in the Federal Register
• Title 17 on eCFR

The record as published

Source: the Federal Register (public domain). The document in the Federal Register