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SEC Issues New Guidance on Non-GAAP Financial Measures

June 23, 2016

On May 17, 2016, in an attempt to rein in non-GAAP reporting by public companies, the Securities and Exchange Commission (SEC) issued new Compliance & Disclosure Interpretations (C&DIs) under Regulation G and Item 10(e) of Regulation S-K regarding the use of non-GAAP financial measures.

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