Enacted in late March, a series of amendments to Regulation S-K and related rules and forms are now effective. Such amendments are designed to modernize and simplify certain disclosure requirements applicable to public companies, investment advisers and investment companies. These amendments implemented several of the recommendations in the SEC Staff’s November 2016 Report on Modernization and Simplification of Regulation S-K mandated by the FAST Act. For most advisers the changes will have little impact. For some, the most noteworthy changes included a simplification of MD&A disclosure and a significant reduction of the need for registrants to submit confidential treatment requests when omitting information from their exhibit filings. These amendments were originally proposed in October 2017 and received relatively little attention. Please click the headline to this blurb to access the SEC release.