On May 19, 2026, the SEC released two sets of proposed rule amendments intended to simplify the public company reporting framework and to assist companies in conducting registered offerings.
These proposed rules are part of the SEC’s ongoing efforts to encourage companies to become and remain public. The first step in those efforts began on May 5, 2026, when the SEC released proposed amendments that would allow (but not require) reporting companies to file semi‑annual reports on a new Form 10-S, rather than quarterly reports on Form 10‑Q, as described in our update. Per SEC Chairman Paul Atkins, these new proposed rules “serve as the foundation for [the SEC’s] agenda to Make IPOs Great Again.”
Comments on the proposals are due within 60 days following publication of the applicable release in the Federal Register.
