SEC Provides Guidance on Disclosing Metrics in MD&A and Proposes Amendments to Financial Disclosure Requirements

On January 30, the U.S. Securities and Exchange Commission (SEC) issued interpretive guidance on disclosure of key performance indicators (KPIs) and other metrics in Management’s Discussion & Analysis of Financial Condition and Results of Operations (MD&A), which companies should consider when preparing their upcoming Form 10-K filings. Concurrently, the SEC proposed amendments to modernize, streamline and enhance certain financial disclosure requirements in Regulation S-K. This Sidley Update summarizes the interpretive guidance and the most significant proposed amendments.

Please click here to view the Sidley Update in PDF format.