Outside Publication

Thanks For (Less Than) Nothing: Section 72001 of the FAST Act and the SEC’s interim Final Rule, INSIGHTS

July 2016

Several provisions of the Fixing America’s Surface Transportation Act (FAST Act) relate to the federal securities laws.

One of the provisions is Section 72001 of the FAST Act, which requires the Securities and Exchange Commission (SEC) to adopt rules permitting public companies to include a summary page in annual reports on Form 10-K, provided that each item on the summary page includes a cross-reference (by electronic link or otherwise) to the material that is summarized.

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