The SEC issued an order extending the temporary 45-day grace period for registrants affected by the coronavirus (COVID-19) pandemic to file Exchange Act reports to include reports due through 1 July 2020. The SEC’s Division of Corporation Finance also published Disclosure Guidance Topic No. 9, Coronavirus (COVID-19), which provides the SEC staff’s views on disclosure and other securities law obligations that registrants should consider with respect to COVID-19 and its effects on their operations and financial condition. The guidance also provides a limited accommodation that allows a registrant to reconcile a non-GAAP measure presented in connection with an earnings release to a GAAP measure that includes provisional amounts or a range of results.
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