Do the U.S. securities law accommodations through the “foreign private issuer” (FPI) construct benefit the intended entities? That’s the fundamental question that the U.S. Securities and Exchange Commission (SEC) is analyzing...more
7/9/2025
/ Canada ,
Capital Markets ,
China ,
Corporate Governance ,
Disclosure ,
Disclosure Requirements ,
Foreign Private Issuers ,
GAAP ,
Publicly-Traded Companies ,
Regulatory Reform ,
Reporting Requirements ,
Securities and Exchange Commission (SEC) ,
Securities Regulation
In a positive development since our earlier bulletin, the U.S. House and Senate have decided to retain the exemptions from obligations imposed under section 16 of the Securities Exchange Act of 1934 that are relied upon by...more
On October 10, 2023, the Securities and Exchange Commission (SEC) adopted final amendments to the rules that govern beneficial ownership reporting and provided guidance on the application of those rules. The SEC also...more
10/25/2023
/ Alberta Securities Commission ,
Amended Rules ,
Beneficial Owner ,
Canadian Securities Administration ,
Derivatives ,
Disclosure Requirements ,
Filing Deadlines ,
Reporting Requirements ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
Shareholder Activism ,
Shareholders
The New York Stock Exchange (NYSE) and the Nasdaq Stock Market (Nasdaq) recently proposed new listing standards to implement the U.S. Securities and Exchange Commission (SEC) rules regarding the recovery of erroneously...more
In late 2022, the U.S. Securities and Exchange Commission (SEC) adopted final amendments to certain rules and reporting requirements concerning insider trading arrangements, including Rule 10b5-1(c) under the Securities...more
1/23/2023
/ Cooling-Off Rule ,
Disclosure ,
Enforcement Actions ,
Good Faith ,
Insider Trading ,
Jurisdiction ,
MNPI ,
Policies and Procedures ,
Reporting Requirements ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act
After years of deliberations and delays, the U.S. Securities and Exchange Commission (SEC) adopted final rules on clawbacks in October 2022. The new rules (known as Rule 10D-1) require U.S. national securities exchanges and...more
12/7/2022
/ Clawbacks ,
Compensatory Awards ,
Corporate Officers ,
Disclosure Requirements ,
Executive Compensation ,
Incentive Compensation ,
Reclassification Rules ,
Recovery Plans ,
SAR ,
Securities and Exchange Commission (SEC) ,
Shareholders ,
Stock Splits