United States

SEC Staff Issues C&DIs Related to Exxon Capital Exchange Offers

Jul 18, 2016
From the Financial Reporting Network

The staff of the SEC’s Division of Corporation Finance recently issued compliance and disclosure interpretations (C&DIs) that explain how issuers should comply with representations required for Exxon Capital exchange offers. The representations relate to the absence of a distribution of the securities received in an exchange and need not follow a particular form as long as they include certain items specified by the SEC staff.

Read C&DIs