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SEC Aims to Ease Disclosure Rules

The U.S. Securities and Exchange Commission (SEC) proposed revisions to disclosure rules that would ease the compliance burden for publicly held companies. The amendments would relax the prescriptive nature of Regulation S-K items 101 (description of the business) and 105 (risk factors). The changes are aimed at making the disclosures more readable and excluding non-material and repetitive information. Read more at CFO.com.