SEC Eyes Final Smaller Company, Mining Reporting Rules in 2018

The SEC is trying to complete smaller company and mining disclosure regulations and streamline other reporting requirements this year, a senior agency official said Jan. 23.

The Securities and Exchange Commission in 2016 proposed regulations that would require more mineral resource and exploration disclosures from the mining industry, allow additional firms to qualify as “smaller reporting companies” with more lenient disclosure demands, and scrap redundant rules as part of an ongoing agency disclosure effectiveness initiative.

The agency is likely to have a final rule for smaller company disclosures “within the next three to four months, maybe shorter,” William Hinman, director ...