READ: Statement from Jim Moloney, the SEC's Director of Division of Corporation Finance, on improving and remodeling our regulatory frameworks. "Together, the [Filer Status Proposal and Registered Offering Reform Proposal] aim to improve and remodel our regulatory frameworks. With the old paint gone, the wiring updated, and sagging floorboards replaced, what remains will be worth preserving: the cornerstone principle of financial materiality." https://www.sec.gov/newsroom/speeches-statements/moloney-statement-offering-filer-status-regimes-061026(U.S. Securities and Exchange Commission)