Hedge Fund
Serenity Alternative Investments Blog - New SEC Rule Changes May Benefit REITS
July 2020
Serenity Alternative Investments Blog - New SEC Rule Changes May Benefit REITS
The Securities and Exchange Commission (“SEC” or “Commission”) recently proposed a number of changes to Regulation S-X and related rules and forms that could significantly streamline the requirements for filing financial statements in connection with significant acquisitions. If adopted in their current form, these changes would directly impact real estate investment trusts (“REITs”), registered investment companies, and business development companies (“BDCs”) by substantially rewriting the rules that require reporting companies to file separate financial statements for acquired real estate operations and funds. The proposed amendments are intended to eliminate unnecessary costs to companies while improving the disclosure available to investors.
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