Enhancement of Emerging Growth Company Accommodations and Simplification of Filer Status for Reporting Companies

we provide a qualitative assessment of the potential effects and encourage commenters to provide data and information that would help quantify the benefits and costs of the proposed rules, and the potential impacts of the proposed rules on efficiency, competition, and capital formation. --------------------------------------------------------------------------- \282\ See section IV.A. for a discussion of available data. --------------------------------------------------------------------------- A. Baseline and Affected Parties The baseline against which the costs, benefits, and the effects on efficiency, competition, and capital formation of the proposed rule amendments are measured consists of the current state of the markets, the current regulatory framework with respect to registrant reporting obligations, and registrant characteristics.\283\ --------------------------------------------------------------------------- \283\ See, e.g., Nasdaq Stock Mkt., LLC v. SEC, 34 F.4th 1105, 1111-14 (D.C. Cir. 2022). This approach also follows SEC staff guidance on economic analysis for rulemaking. See SEC Staff, Current Guidance on Economic Analysis in SEC Rulemaking (Mar. 16, 2012), https://www.sec.gov/divisions/riskfin/rsfi_guidance_econ_analy_secrulemaking.pdf (``The economic consequences of proposed rules (potential costs and benefits including effects on efficiency, competition, an