The SEC last month published a concept release that is soliciting comments on the financial filing requirements stipulated in Regulation S-K. The release is part of the Disclosure Effectiveness Initiative through the Jumpstart Our Business Startups (JOBS) Act and is aimed at modernizing and improving filing requirements, addressing whether the requirements continue to elicit the information investors need to make investment and voting decisions, what information should be required and how it should best be presented by registrants, and the costs and benefits of disclosure for both the companies filing them and the investors utilizing them. Additionally, the SEC is investigating alternative methods of presenting disclosure to the public that could improve readability and investor access to information.