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SEC Enforcement and Public Companies – 2020 Key Cases and What We Expect in 2021

Most media accounts suggest that the incoming Biden administration will usher in a more “aggressive” SEC enforcement posture, with renewed emphasis on investigating potential fraud and controls deficiencies at public...more

SEC Approves NYSE Rules Allowing Companies to Raise Money in Registered Direct Offerings

The US Securities and Exchange Commission has approved New York Stock Exchange rule changes that will grant the exchange discretion to allow companies to raise money by selling common shares in registered direct offerings,...more

SEC Adopts Extensive Revisions To Rules Governing Financial Information Of Acquired And Disposed Businesses

The US Securities and Exchange Commission on May 20, 2020 adopted a series of amendments to its rules and forms relating to disclosure requirements for financial statements relating to acquisitions and dispositions of...more

Disclosure Amid COVID-19: Notable SEC Public Statement Focuses on Underlying Public Policy

A recent US Securities and Exchange Commission statement stressed the importance of disclosure and highlighted its role in the national effort to foster a meaningful, responsible increase in economic activity. ...more

SEC Guidance for Disclosure Relating to COVID-19 Crisis

The US Securities and Exchange Commission announced on the morning of March 25 the extension of filing periods covered by previously enacted conditional reporting relief for certain public company filing obligations, and...more

SEC Amends Definitions of Accelerated and Large Accelerated Filers

The US Securities and Exchange Commission announced that it voted on March 12 to adopt amendments to the definitions of “accelerated filer” and “large accelerated filer” in Rule 12b-2 of the Securities Exchange Act of 1934,...more

COVID-19: SEC Division of Corporation Finance Issues Guidance on Annual Meetings

The staff of the Securities and Exchange Commission’s Division of Corporation Finance on March 13 issued guidance designed to assist companies in complying with federal proxy rules in light of the coronavirus (COVID-19)...more

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