What's New in the Division of Corporation Finance
October 2014

Accounting and Financial Reporting

• Division of Corporation Finance Financial Reporting Manual (UPDATED 10/20/14)
  Minor technical updates and clarifications to guidance related to registrant financial statements, development stage entities, acquisitions of working interests in oil and gas properties, individually insignificant acquirees, real estate acquisitions, pro forma financial information, and reverse mergers by foreign companies.

Compliance and Disclosure Interpretations

• Securities Act Rules (UPDATED 10/02/2014)
  • Section 141. Rule 147 — "Part of an Issue," "Person Resident," and "Doing Business Within" for Purposes of Section 3(a)(11)
    • Revised Question 141.05

No-Action, Interpretive and Exemptive Letters

• UBS AG, September 29, 2014
   
• Rocky Mountain Chocolate Factory, Inc., October 15, 2014
   
• Staple Cotton Discount Corporation, October 15, 2014
   
• UBS AG and UBS Group AG, October 1, 2014
   
• First Trust Exchange-Traded Fund IV, August 15, 2014