On January 13, 2026, the SEC issued this [Statement on Reforming Regulation S-K](https://www.sec.gov/newsroom/speeches-statements/atkins-statement-reforming-regulation-s-k-011326). SEC Chair Paul Atkins believes that Regulation S-K "elicits both material and a plethora of undisputably immaterial information."
The EC is actively soliciting comments from the public, including investors like us, about how Regulation S-K might be amended (in other words, to reduce the amount and types of information that publicly traded companies must disclose, in order to reduce burden on companies). Currently, S-K requires disclosures around topics including a company's securities, ongoing material legal proceedings, financial data, cybersecurity risk management, internal controls and corporate governance matters.
From the Statement:
> I welcome and encourage members of the public to provide their views on how the Commission can amend Regulation S-K, with the goal of revising the requirements to focus on eliciting disclosure of material information and avoid compelling the disclosure of immaterial information. Please submit your comments as soon as possible and by no later than April 13, 2026. ... Use the SEC’s [Internet submission form ](https://www.sec.gov/comments/cll-15/regulation-s-k#no-back)or send an email to [
[email protected]](mailto:
[email protected]) with "CLL-15" included in the subject line.