--- title: Sullivan Blogs | SEC Pulse | Accelerated Filing description: Accelerated Filing | Sullivan's SEC Pulse blog provides updates and commentary from our Capital Markets Group on issues affecting publicly traded and privately owned businesses, investment banks and foreign companies who trade or raise capital in the United States, and boards of directors and company officers in securities transactions and corporate governance matters. --- ![SEC Pulse Header NEW-1](https://blog.sullivanlaw.com/hs-fs/hubfs/SEC%20Pulse%20Header%20NEW-1.jpg?width=943&name=SEC%20Pulse%20Header%20NEW-1.jpg "SEC Pulse Header NEW-1") ## [SEC Proposes Amendments to Accelerated and Large Accelerated Filer Definitions](https://blog.sullivanlaw.com/secpulse/sec-proposes-amendments-to-accelerated-and-large-accelerated-filer-definitions) Posted by [Howard Berkenblit](https://blog.sullivanlaw.com/secpulse/author/howard-berkenblit) on May 9, 2019 at 12:48 PM - [Tweet](https://twitter.com/share) The SEC today voted to propose amendments to the definitions of "accelerated filer" and "large accelerated filer," which are used to determine, among other things, the filing deadlines for periodic reports and the requirement for providing an audit of internal control over financial reporting (ICFR).  The proposed amendments would better align the definition of accelerated filer with recent changes to the definition of "smaller reporting company" (SRC). The amendments would: - Exclude from the accelerated and large accelerated filer definitions an issuer that is eligible to be an SRC and had no revenues or annual revenues of less than $100 million in the most recent fiscal year for which audited financial statements are available - Increase the transition thresholds for accelerated and large accelerated filers becoming a non-accelerated filer from $50 million to $60 million and for exiting large accelerated filer status from $500 million to $560 million - Add a revenue test to the transition thresholds for exiting both accelerated and large accelerated filer status As a result of the proposed amendments, smaller reporting companies with less than $100 million in revenues would not be required to obtain an attestation of their ICFR from an independent outside auditor.  The proposals will be subject to a 60-day public comment period, following which the SEC will determined its next steps. 0 Comments [Click here to read/write comments](https://blog.sullivanlaw.com/secpulse/sec-proposes-amendments-to-accelerated-and-large-accelerated-filer-definitions#comments-listing) Topics: [SEC](https://blog.sullivanlaw.com/secpulse/topic/sec), [SEC Filings](https://blog.sullivanlaw.com/secpulse/topic/sec-filings), [Securities and Exchange Commission](https://blog.sullivanlaw.com/secpulse/topic/securities-and-exchange-commission), [Accelerated Filing](https://blog.sullivanlaw.com/secpulse/topic/accelerated-filing) [All posts](https://blog.sullivanlaw.com/secpulse/all) [![Sullivan 4c](https://blog.sullivanlaw.com/hs-fs/hubfs/Sullivan%20logos/Sullivan%204c.png?width=220&name=Sullivan%204c.png "Sullivan 4c")](http://www.sandw.com) ### About the Blog --- The SEC Pulse provides updates and commentary from our Capital Markets Group on issues affecting publicly traded and privately owned businesses, investment banks and foreign companies who trade or raise capital in the United States, and boards of directors and company officers in securities transactions and corporate governance matters. *The material on this site is for general information only and is not legal advice. No liability is accepted for any loss or damage which may result from reliance on it. Always consult a qualified lawyer about a specific legal problem.* Search: Search Google ### Stay Connected --- ![facebook30x30.jpg](https://blog.sullivanlaw.com/hs-fs/hubfs/facebook30x30.jpg?width=25&name=facebook30x30.jpg "facebook30x30.jpg") **[Join us on Facebook](https://www.facebook.com/SullivanWorcester/?ref=hl)** ![linkedin-30x30-1.jpg](https://blog.sullivanlaw.com/hs-fs/hubfs/linkedin-30x30-1.jpg?width=25&name=linkedin-30x30-1.jpg "linkedin-30x30-1.jpg") **[Connect with us on LinkedIn](https://www.linkedin.com/company/sullivan-%26-worcester-llp?trk=company_logo)** ![twitter-bird-alone.jpg](https://blog.sullivanlaw.com/hs-fs/hubfs/twitter-bird-alone.jpg?width=25&name=twitter-bird-alone.jpg "twitter-bird-alone.jpg") **[Follow us on Twitter](https://twitter.com/SullivanLaw)** ### Subscribe to Blog ### Recent Posts ### Posts by Topic - [SEC (27)](https://blog.sullivanlaw.com/secpulse/topic/sec) - [Securities and Exchange Commission (22)](https://blog.sullivanlaw.com/secpulse/topic/securities-and-exchange-commission) - [SEC Filings (16)](https://blog.sullivanlaw.com/secpulse/topic/sec-filings) - [COVID-19 (9)](https://blog.sullivanlaw.com/secpulse/topic/covid-19) - [coronavirus (9)](https://blog.sullivanlaw.com/secpulse/topic/coronavirus) - [Dodd-Frank (8)](https://blog.sullivanlaw.com/secpulse/topic/dodd-frank) - [EDGAR (7)](https://blog.sullivanlaw.com/secpulse/topic/edgar) - [FAST Act (6)](https://blog.sullivanlaw.com/secpulse/topic/fast-act) - [Nasdaq (5)](https://blog.sullivanlaw.com/secpulse/topic/nasdaq) - [disclosure requirements (5)](https://blog.sullivanlaw.com/secpulse/topic/disclosure-requirements) - [the JOBS Act (5)](https://blog.sullivanlaw.com/secpulse/topic/the-jobs-act) - [Securities Exchange Act (4)](https://blog.sullivanlaw.com/secpulse/topic/securities-exchange-act) - [crowdfunding (4)](https://blog.sullivanlaw.com/secpulse/topic/crowdfunding) - [executive compensation (4)](https://blog.sullivanlaw.com/secpulse/topic/executive-compensation) - [public companies (4)](https://blog.sullivanlaw.com/secpulse/topic/public-companies) - [shareholder (4)](https://blog.sullivanlaw.com/secpulse/topic/shareholder) - [Form 10-K (3)](https://blog.sullivanlaw.com/secpulse/topic/form-10-k) - [GAAP (3)](https://blog.sullivanlaw.com/secpulse/topic/gaap) - [Registration Fees (3)](https://blog.sullivanlaw.com/secpulse/topic/registration-fees) - [Regulation A (3)](https://blog.sullivanlaw.com/secpulse/topic/regulation-a) - [Securities Act (3)](https://blog.sullivanlaw.com/secpulse/topic/securities-act) - [cybersecurity (3)](https://blog.sullivanlaw.com/secpulse/topic/cybersecurity) - [reporting requirements (3)](https://blog.sullivanlaw.com/secpulse/topic/reporting-requirements) - [Climate change (2)](https://blog.sullivanlaw.com/secpulse/topic/climate-change) - [Division of Corporation Finance (2)](https://blog.sullivanlaw.com/secpulse/topic/division-of-corporation-finance) - [Filing Rules (2)](https://blog.sullivanlaw.com/secpulse/topic/filing-rules) - [Filings (2)](https://blog.sullivanlaw.com/secpulse/topic/filings) - [Inline XBRL (2)](https://blog.sullivanlaw.com/secpulse/topic/inline-xbrl) - [Public Company Accounting Oversight Board (2)](https://blog.sullivanlaw.com/secpulse/topic/public-company-accounting-oversight-board) - [Regulation D (2)](https://blog.sullivanlaw.com/secpulse/topic/regulation-d) - [Regulation S-K (2)](https://blog.sullivanlaw.com/secpulse/topic/regulation-s-k) - [Rule 10b5-1 plans (2)](https://blog.sullivanlaw.com/secpulse/topic/rule-10b5-1-plans) - [Rule 10b5-1(c) (2)](https://blog.sullivanlaw.com/secpulse/topic/rule-10b5-1c) - [Section 13(d) (2)](https://blog.sullivanlaw.com/secpulse/topic/section-13d) - [Section 13(g) (2)](https://blog.sullivanlaw.com/secpulse/topic/section-13g) - [audit committee (2)](https://blog.sullivanlaw.com/secpulse/topic/audit-committee) - [clawback policies (2)](https://blog.sullivanlaw.com/secpulse/topic/clawback-policies) - [fraud (2)](https://blog.sullivanlaw.com/secpulse/topic/fraud) - [offering (2)](https://blog.sullivanlaw.com/secpulse/topic/offering) - [registration statements (2)](https://blog.sullivanlaw.com/secpulse/topic/registration-statements) - [virtual shareholder meetings (2)](https://blog.sullivanlaw.com/secpulse/topic/virtual-shareholder-meetings) - [ACH (1)](https://blog.sullivanlaw.com/secpulse/topic/ach) - [Accelerated Filing (1)](https://blog.sullivanlaw.com/secpulse/topic/accelerated-filing) - [Annual Reporting (1)](https://blog.sullivanlaw.com/secpulse/topic/annual-reporting) - [Automated Clearing House (1)](https://blog.sullivanlaw.com/secpulse/topic/automated-clearing-house) - [BEA (1)](https://blog.sullivanlaw.com/secpulse/topic/bea) - [CD&Is (1)](https://blog.sullivanlaw.com/secpulse/topic/cdis) - [CEO compensation (1)](https://blog.sullivanlaw.com/secpulse/topic/ceo-compensation) - [Climate-related financial risk (1)](https://blog.sullivanlaw.com/secpulse/topic/climate-related-financial-risk) - [Compliance & Disclosure Interpretations (1)](https://blog.sullivanlaw.com/secpulse/topic/compliance-disclosure-interpretations) - [Compliance Rules (1)](https://blog.sullivanlaw.com/secpulse/topic/compliance-rules) - [Concept Release (1)](https://blog.sullivanlaw.com/secpulse/topic/concept-release) - [Critical Audit Matters (1)](https://blog.sullivanlaw.com/secpulse/topic/critical-audit-matters) - [Department of Commerce (1)](https://blog.sullivanlaw.com/secpulse/topic/department-of-commerce) - [Disclosure Agreements (1)](https://blog.sullivanlaw.com/secpulse/topic/disclosure-agreements) - [Equifax (1)](https://blog.sullivanlaw.com/secpulse/topic/equifax) - [Exchange Act Rule 10b5-1(c)(1) (1)](https://blog.sullivanlaw.com/secpulse/topic/exchange-act-rule-10b5-1c1) - [Form 13F (1)](https://blog.sullivanlaw.com/secpulse/topic/form-13f) - [Form 144 (1)](https://blog.sullivanlaw.com/secpulse/topic/form-144) - [Form 8-K (1)](https://blog.sullivanlaw.com/secpulse/topic/form-8-k) - [Form AP (1)](https://blog.sullivanlaw.com/secpulse/topic/form-ap) - [Form BE-12 (1)](https://blog.sullivanlaw.com/secpulse/topic/form-be-12) - [Form S-1 (1)](https://blog.sullivanlaw.com/secpulse/topic/form-s-1) - [Form SR (1)](https://blog.sullivanlaw.com/secpulse/topic/form-sr) - [G/non-GAAP (1)](https://blog.sullivanlaw.com/secpulse/topic/g-non-gaap) - [Institutional Shareholder Services (1)](https://blog.sullivanlaw.com/secpulse/topic/institutional-shareholder-services) - [Issuers (1)](https://blog.sullivanlaw.com/secpulse/topic/issuers) - [Jumpstart Our Business Startups (1)](https://blog.sullivanlaw.com/secpulse/topic/jumpstart-our-business-startups) - [NYSE (1)](https://blog.sullivanlaw.com/secpulse/topic/nyse) - [New York Stock Exchange (1)](https://blog.sullivanlaw.com/secpulse/topic/new-york-stock-exchange) - [Non-GAAP (1)](https://blog.sullivanlaw.com/secpulse/topic/non-gaap) - [Proxy Voting Policies (1)](https://blog.sullivanlaw.com/secpulse/topic/proxy-voting-policies) - [Reg G (1)](https://blog.sullivanlaw.com/secpulse/topic/reg-g) - [Regulation 13D-G (1)](https://blog.sullivanlaw.com/secpulse/topic/regulation-13d-g) - [Regulation A exemption (1)](https://blog.sullivanlaw.com/secpulse/topic/regulation-a-exemption) - [Regulation FD (1)](https://blog.sullivanlaw.com/secpulse/topic/regulation-fd) - [Regulation S-X (1)](https://blog.sullivanlaw.com/secpulse/topic/regulation-s-x) - [Rule 10D-1 (1)](https://blog.sullivanlaw.com/secpulse/topic/rule-10d-1) - [Rule 10b-18 (1)](https://blog.sullivanlaw.com/secpulse/topic/rule-10b-18) - [Rule 144 (1)](https://blog.sullivanlaw.com/secpulse/topic/rule-144) - [Rule 3-05 (1)](https://blog.sullivanlaw.com/secpulse/topic/rule-3-05) - [Rule 3-14 (1)](https://blog.sullivanlaw.com/secpulse/topic/rule-3-14) - [Rule 504 (1)](https://blog.sullivanlaw.com/secpulse/topic/rule-504) - [Rule 506 (1)](https://blog.sullivanlaw.com/secpulse/topic/rule-506) - [Rule 701 (1)](https://blog.sullivanlaw.com/secpulse/topic/rule-701) - [SEC's Division of Corporation Finance (1)](https://blog.sullivanlaw.com/secpulse/topic/secs-division-of-corporation-finance) - [SRCs (1)](https://blog.sullivanlaw.com/secpulse/topic/srcs) - [Section filings (1)](https://blog.sullivanlaw.com/secpulse/topic/section-filings) - [Stock price volatility (1)](https://blog.sullivanlaw.com/secpulse/topic/stock-price-volatility) - [Tier 1 (1)](https://blog.sullivanlaw.com/secpulse/topic/tier-1) - [Tier 2 (1)](https://blog.sullivanlaw.com/secpulse/topic/tier-2) - [U.S. Securities Laws (1)](https://blog.sullivanlaw.com/secpulse/topic/u-s-securities-laws) - [accelerated filer (1)](https://blog.sullivanlaw.com/secpulse/topic/accelerated-filer) - [accredited investor (1)](https://blog.sullivanlaw.com/secpulse/topic/accredited-investor) - [auditor (1)](https://blog.sullivanlaw.com/secpulse/topic/auditor) - [board diversity (1)](https://blog.sullivanlaw.com/secpulse/topic/board-diversity) - [broker-dealer securities transactios (1)](https://blog.sullivanlaw.com/secpulse/topic/broker-dealer-securities-transactios) - [broker-dealer transactions (1)](https://blog.sullivanlaw.com/secpulse/topic/broker-dealer-transactions) - [company performance (1)](https://blog.sullivanlaw.com/secpulse/topic/company-performance) - [corporate social responsibility (1)](https://blog.sullivanlaw.com/secpulse/topic/corporate-social-responsibility) - [covid (1)](https://blog.sullivanlaw.com/secpulse/topic/covid) - [crowdfunding investment (1)](https://blog.sullivanlaw.com/secpulse/topic/crowdfunding-investment) - [eXtensible Business Reporting Language (1)](https://blog.sullivanlaw.com/secpulse/topic/extensible-business-reporting-language) - [emerging growth companies (1)](https://blog.sullivanlaw.com/secpulse/topic/emerging-growth-companies) - [engagement partner (1)](https://blog.sullivanlaw.com/secpulse/topic/engagement-partner) - [foreign entity (1)](https://blog.sullivanlaw.com/secpulse/topic/foreign-entity) - [general solicitation (1)](https://blog.sullivanlaw.com/secpulse/topic/general-solicitation) - [initial public offerings (1)](https://blog.sullivanlaw.com/secpulse/topic/initial-public-offerings) - [investor relations (1)](https://blog.sullivanlaw.com/secpulse/topic/investor-relations) - [median worker compensation (1)](https://blog.sullivanlaw.com/secpulse/topic/median-worker-compensation) - [offerings (1)](https://blog.sullivanlaw.com/secpulse/topic/offerings) - [pay ratio (1)](https://blog.sullivanlaw.com/secpulse/topic/pay-ratio) - [pay ratio disclosure requirement (1)](https://blog.sullivanlaw.com/secpulse/topic/pay-ratio-disclosure-requirement) - [proxy rules (1)](https://blog.sullivanlaw.com/secpulse/topic/proxy-rules) - [public float (1)](https://blog.sullivanlaw.com/secpulse/topic/public-float) - [qualified purchasers (1)](https://blog.sullivanlaw.com/secpulse/topic/qualified-purchasers) - [question 102.10 (1)](https://blog.sullivanlaw.com/secpulse/topic/question-102-10) - [risk management (1)](https://blog.sullivanlaw.com/secpulse/topic/risk-management) - [scaled disclosure accommodations (1)](https://blog.sullivanlaw.com/secpulse/topic/scaled-disclosure-accommodations) - [securities (1)](https://blog.sullivanlaw.com/secpulse/topic/securities) - [share repurchase plans (1)](https://blog.sullivanlaw.com/secpulse/topic/share-repurchase-plans) - [smaller reporting company (1)](https://blog.sullivanlaw.com/secpulse/topic/smaller-reporting-company) - [universal proxy cards (1)](https://blog.sullivanlaw.com/secpulse/topic/universal-proxy-cards) see all - [Home](https://www.sullivanlaw.com/) - [Terms of Use](http://www.sullivanlaw.com/disclaimer.html) - [Legal Notices](http://www.sullivanlaw.com/legalnotice.html) - [Cookie Policy](http://www.sullivanlaw.com/cookiepolicy.html) - [Privacy Policy](http://www.sullivanlaw.com/privacypolicy.html) - [Attorney Advertising](https://www.sullivanlaw.com/attorney-advertising) © 2025 Sullivan & Worcester. Sullivan & Worcester is an international entity operating through various separate and distinct legal entities. For further information about these entities and Sullivan & Worcester’s structure, please refer to the Legal Notices page of this website. All rights reserved.