On Wednesday, May 3, the SEC adopted the final rules on the amendments to the Share Repurchase Disclosure Modernization, which require the disclosure of an issuer’s equity repurchase program and its share repurchases. The forms impacted by the amended disclosure require iXBRL tagging and include Forms 10-Q, 10-K, 20-F, N-CSR, and new Form F-SR.

The Financial Data Transparency Act (FDTA) was enacted on December 23, 2022 and directs certain regulatory agencies (including the SEC) to jointly issue proposed rules for public comment that establish new data reporting standards on format, searchability, and transparency within 18 months. The FDTA only changes how information is submitted; it does not contain any new disclosure requirements. The FDTA requires information to be made available in an open data format that allows for digital access and bulk downloads with no restrictions.

Navigating SEC’s Newly Adopted and Proposed Rule Changes, SEC Comment Letters and Enforcement Trends to Prepare for 2023

In his new SecurityInfoWatch article, Craig Clay discusses the exponential growth in cyberthreats and how a partnership between the CEO and CISO holds the key to defeating those threats. Working together, they can master two essential components of an effective cybersecurity strategy, data management and risk mitigation, to defend the company’s critical assets.

Leafly, a newly public company and online marketplace, was looking for an affordable, efficient financial reporting software that could streamline their filing process while ensuring accuracy. See how DFIN helped Leafly save 25% in software costs & several hours on SEC filings.

Village Farms, a controlled environment agriculture company, was in search of a tool that would increase team collaboration and streamline their SEC filing process. See how DFIN helped Village Farms boost collaboration and reduce their SEC filing time by 25%.

Your company's statutory reporting obligations don't end with the SEC — operating in the global marketplace means also being aware of any other compliance measures you need to take across borders. Regulatory reporting changes on an annual basis as new rules are passed and others are repealed. Learn about the latest statutory reporting requirements and compliance issues impacting CFOs and other financial professionals.

What Is Statutory Reporting?

What is statutory reporting and why is it so important?

A tie-out is a slang phrase that refers to reconciling data from different sources. Let's consider how this works when it comes to the practice of filing financial statements.

What Is a Financial Statement Tie-Out?

Within the context of financial statements, a financial statement tie-out means making sure that the numbers in the financial statements, like a 10-Q, agree with the numbers in the audit. If there is a difference, it must be reconciled. The process is time intensive, but financial reporting software makes it faster and easier to complete.

SEC Section 16 targets a particular subsection of corporate stakeholders. Specifically, anyone who is considered a beneficial owner of a company must file this form. Discover who needs to file, what the forms require and Section 16 filings solutions.

What Is a Section 16 Filing?

Section 16 is a subsection of The Securities Exchange Act. The section specifies so-called beneficial owners to publicly disclose their beneficial relationship with a company by filing a Section 16 form.

Corporate restructuring reorganizes (or restructures) parts of the company to make it run better. Some experts predict the corporate world will see a rise in business restructuring in 2023 due to economic constraints. Dive into the significance of corporate restructuring and different types to be prepared for this trend.

Understanding the Restructuring Process

No matter what form of restructuring a company undergoes, the process is fairly straightforward. Consultants and advisors are often brought in to implement changes. Sometimes a new CEO comes on as well.