SEC Staff to Release Filing Review Correspondence Earlier
Co-authored by Jonathan D. Weiner
On December 1, the staff of the Securities and Exchange Commission announced that, “to further enhance the transparency of the filing review process,” effective January 1, 2012, it will release (through the EDGAR system) comment letters and response letters relating to filings reviewed by the Divisions of Corporation Finance and Investment Management no earlier than 20 business days following completion of a filing review.
On December 1, the staff of the Securities and Exchange Commission announced that, “to further enhance the transparency of the filing review process,” effective January 1, 2012, it will release (through the EDGAR system) comment letters and response letters relating to filings reviewed by the Divisions of Corporation Finance and Investment Management no earlier than 20 business days following completion of a filing review. Since May 2005, the staff has been publicly releasing comment letters and response letters no earlier than 45 days after the review period has been completed.
Click here to view the full text of the staff’s announcement.
