On May 9, 2019, the Securities and Exchange Commission (SEC) issued proposed regulations that, if finalized, would have the effect of exempting a significant number of smaller reporting companies from the definitions of “accelerated filer” and “large accelerated filer,” thereby relieving the companies from the requirement to obtain auditor attestation of management’s assessment of internal control over financial reporting (ICFR) along with having to comply with the accelerated filing deadlines. Continue reading >