The White House is reviewing the proposal by the U.S. Securities and Exchange Commission to relax stock issuance disclosure requirements.

The White House is reviewing a series of new regulations proposed by the U.S. Securities and Exchange Commission. These rules aim to streamline the disclosure requirements for new stock offerings and expedite the registration process, making it easier for companies to conduct initial public offerings or raise funds in the public market. According to the SEC, one of the proposals aims to comprehensively reform the current issuance rules to "modernize the shelf registration process." This move is expected to allow more companies to issue securities more quickly, thus seizing financing opportunities in favorable market conditions. Another proposal plans to expand the scope of simplified filing requirements for issuers. Currently, this system only applies to emerging growth companies - those with total revenue less than $1.235 billion. Under current regulations, these companies can reduce the information disclosed to investors and only need to provide two years of audited financial statements instead of three. According to information published on the website of the Office of Management and Budget, the SEC Chairman Paul Atkins' proposal for the above rule reform was submitted to the White House for review earlier this week.