📊Proposed Collection Extension for Exchange Act Form 10-Q
Proposed Collection; Comment Request; Extension: Exchange Act Form 10-Q
Summary
The Securities and Exchange Commission (SEC) is soliciting comments on the proposed extension of the information collection associated with Exchange Act Form 10-Q. This form ensures quarterly reporting compliance by issuers and helps provide adequate information to investors, reflecting the ongoing commitment to regulatory oversight. The SEC estimates substantial preparation time and associated costs for businesses involved.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The document discusses the proposed information collection related to Form 10-Q, which businesses must file quarterly to comply with Securities Exchange Act requirements. This imposes significant compliance costs and time burdens on issuers, influencing financial planning and staffing for external professionals.