On October 7, 2024, the US Securities and Exchange Commission (SEC) approved a rule change proposed by The Nasdaq Stock Market LLC that affects companies utilizing reverse stock splits to regain compliance with Nasdaq’s...more
Last week, Erik Gerding, Director of the SEC’s Division of Corporation Finance (the Division), issued a statement providing clarification regarding the disclosure of cybersecurity incidents by reporting companies. This...more
6/4/2024
/ Corporate Counsel ,
Cyber Incident Reporting ,
Cybersecurity ,
Disclosure Requirements ,
Foreign Private Issuers ,
Form 8-K ,
Investors ,
New Rules ,
Reporting Requirements ,
Securities and Exchange Commission (SEC) ,
Voluntary Disclosure
On January 24, 2024, the US Securities and Exchange Commission (SEC) adopted final rules relating to special purpose acquisition companies (SPACs) and other shell companies. The new rules are effective on July 1, 2024....more
5/16/2024
/ Disclosure Requirements ,
Initial Public Offering (IPO) ,
Investor Protection ,
New Guidance ,
New Rules ,
PSLRA ,
Reverse Mergers ,
Securities and Exchange Commission (SEC) ,
Shell Corporations ,
Special Purpose Acquisition Companies (SPACs) ,
Underwriting
On December 14, 2022, the Securities and Exchange Commission adopted final rules amending Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, to impose new conditions to the availability of the Rule 10b5-1...more
12/27/2022
/ 10b5-1 Plans ,
Affirmative Defenses ,
Certifications ,
Cooling-Off Rule ,
Disclosure Requirements ,
Final Rules ,
Form 10-K ,
Form 10-Q ,
Good Faith ,
Insider Trading ,
New Rules ,
Policies and Procedures ,
Regulation S-K ,
Reporting Requirements ,
Section 16 ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act of 1934
The SEC’s long-awaited final rules governing voting advice provided by proxy advisory firms such as Institutional Shareholders Service (ISS) and Glass Lewis (the “final rules”) became effective on November 2, 2020. The final...more
1/15/2021
/ Conflicts of Interest ,
Corporate Governance ,
Disclosure Requirements ,
Final Rules ,
Glass Lewis ,
Institutional Shareholder Services (ISS) ,
New Guidance ,
New Rules ,
Proxy Advisors ,
Proxy Advisory Firms ,
Proxy Season ,
Proxy Voting Guidelines ,
Securities and Exchange Commission (SEC)