SEC Amends Smaller Reporting Company Thresholds: A Closer Look

Hoping to reduce compliance costs and promote capital formation while maintaining appropriate investor protections, the Securities and Exchange Commission (SEC), on June 28, increased the upper limit on smaller reporting company (SRC) thresholds. A recent Protiviti Flash Report summarizes the SEC’s revised definitions and their impact on affected companies.

In this article, Protiviti’s Charles Soranno takes a closer look at the Flash Report’s guidance and explains what companies can expect looking ahead.