SEC Compliance Disclosure Interpretations Second Edition


A collection of “compliance and disclosure interpretations” (C&DIs), previously known as “telephone interpretations,” issued by the SEC’s Division of Corporation Finance regarding the statutes, regulations and forms that it administers. Organized by topic and act, the manual provides helpful guidance on how the staff might proceed under various regulatory scenarios. The manual includes citations to the controlling authority (e.g., law section, rule, item, form), as well as history notes indicating when the interpretation was issued, modified and/or rescinded. Coverage includes new and revised interpretations issued through July 8, 2011, e.g., new guidance on Regulation S-K (see Chapter 6), Form 8-K (see Chapter 15), and non-GAAP financial m

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