The policy statement confirms that the provisions do not impact the effectiveness or acceleration of registration statements under federal securities laws. Most notably, a new Delaware corporate law provision may limit an issuer’s abilities to prescribe a forum for adjudicating claims outside of Delaware courts (e.g., through mandatory arbitration provisions). Focus on Disclosure: The SEC emphasized that its primary consideration in reviewing registration statements is the adequacy of disclosures, including ensuring that any mandatory arbitration provision is clearly disclosed to investors. Regulatory Consistency: The policy statement underscores that mandatory arbitration provisions are consistent with federal securities laws. Implications for IssuersIssuers considering the adoption of mandatory arbitration provisions can now take some comfort that the SEC will not stand in their way.