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The SEC FY 2023 Budget Request Predicts Increased Enforcement Activities

Summary - The Securities and Exchange Commission (SEC) this week released its annual Congressional Budget Justification. The agency is seeking a budget of $2.15 billion for FY 2023, which is almost $240 million more than...more

THE CARES ACT: COMPLIANCE AND ENFORCEMENT Considerations for Recipients of Relief Funding

The CARES Act—and the Paycheck Protection Program and Healthcare Enhancement Act (PPHEA) that supplied additional funding to programs under the CARES Act—disbursed approximately $2.7 trillion in relief funding across the...more

Delaware Supreme Court Revives Charter Provision Requiring Securities Act Claims Be Brought in Federal Court

The Delaware Supreme Court, in reversing a Delaware Court of Chancery decision, upheld a corporate charter provision requiring stockholders bring claims arising under the Securities Act of 1933, as amended (the 1933 Act), in...more

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