diff --git a/doc/REGRESSIONS.md b/doc/REGRESSIONS.md
index c25d27e12..b9ea98400 100644
--- a/doc/REGRESSIONS.md
+++ b/doc/REGRESSIONS.md
@@ -25,19 +25,17 @@ To claim the bounty:
 4. Submit an expense to our Open Collective:
    - [Submit Expense](https://opencollective.com/hledger/expenses/new)
      (if you are logged in, it will be under the ACTIONS menu) 
-   - Invoice
-   - choose a Payout method
-   - Next
+   - choose Invoice
+   - choose a Payout method; Next
    - Expense title: Regression bounty for #NNNN
    - Description: "QA", and the WORK DATE or WORK PERIOD
    - Date: today's date
    - Amount: USD 100
      (or if you choose another currency, convert with that day's conversion rate
       and mention the rate in Description)
-   - Next
-   - Submit Expense
+   - Next; Submit Expense
 5. Announce on the issue page or in chat that you've submitted (to help ensure it is not overlooked)
-6. Wait for the issue manager to approve it. This should not take more than a day or two.
+6. Wait for the finance manager (SM) to approve it. This should not take more than a day or two.
 7. Then wait for Open Collective to pay it. Payouts happen twice a week.
 
 ## Regressions reported