SEC rulemaking: An insider's view

Podcast overview

The SEC's agenda is set to reshape the landscape of public company reporting. With major proposals on the table that could alter everything from reporting frequency to filer status definitions and offering rules, how can finance leaders prepare for what's next?

In this episode, host Melissa Rocha is joined by Brian Breheny, a partner at Skadden and former SEC deputy director who oversaw the rulemaking process. Brian offers a deep dive on how SEC rules get made—from concept release to final adoption—and offers his perspective on the current proposals for semiannual reporting, filer status, registered offerings and the modernization of Regulation S-K.

Podcast contents

• 00:25 – Introductions
• 01:40 – What’s different about the SEC’s current rulemaking environment?
• 04:50 – The rulemaking process explained: From concept release to final rule
• 10:55 – The role of commissioners and the White House in the process
• 15:15 – Deep dive: The semiannual reporting proposal
• 21:45 – Deep dive: Proposed changes to filer status definitions
• 26:05 – Deep dive: The registered offering reform proposal
• 32:55 – What to expect from the Regulation S-K modernization initiative
• 35:30 – How management and audit committees should prioritize their focus