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On July 24, 2018, the Securities and Exchange Commission (“SEC”) voted to propose rule amendments (the “Proposed Rules”) to simplify and streamline the current financial disclosure requirements for issuers and guarantors of SEC-registered guaranteed debt securities, as well as for affiliates whose securities collateralize an issuer’s securities.

SEC Proposes Rule Amendments to Simplify Guarantor and Pledgor Financial Disclosures in Registered Debt Offerings

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SEC Proposes Rule Amendments to Simplify Guarantor and Pledgor Financial Disclosures in Registered Debt Offerings