Earlier this week, the SEC released its Fall 2022 Reg Flex Agenda. Based on the dates the agency has targeted for action on some major rule proposals, it looks like it’s going to have a very busy first quarter. Here are some of the more consequential rule proposals that the SEC says it wants to act on in the next few months:
Climate Change Disclosure (April 2023)
Cybersecurity Risk Governance (April 2023)
Special Purpose Acquisition Companies (April 2023)
Modernization of Beneficial Ownership Reporting (April 2023)
Share Repurchase Disclosure Modernization (April 2023)
Whenever we blog about these Reg Flex Agenda dates, we always point out that they are by no means etched in stone. That being said, the only major item on the last edition of the SEC’s Reg Flex Agenda where final action was postponed was the agency’s climate change disclosure proposal. So, it looks like could be in for a veritable “bomb cyclone” of rulemaking over the next few months.
– John Jenkins