SEC Modernizes Disclosures for Banking Registrants
The SEC announced that it has adopted rules to update and expand the statistical disclosures that bank and savings and loan registrants provide to investors, in…
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SEC Adopts Amendments to Improve Financial Disclosures about Acquisitions and Dispositions of Businesses
The SEC adopted amendments to its rules and forms to improve for investors the financial information about acquired or disposed businesses, facilitate more timely access…
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SEC Co-Director Discusses SEC Enforcement During COVID-19
Steven Peikin, Co-Director of the SEC’s Division of Enforcement, recently discussed the SEC’s enforcement during COVID-19. Peikin indicates that the Division of Enforcement “have focused…
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SEC Provides Temporary, Conditional Relief to Allow Expedited Crowdfunding Offerings
The SEC announced that it is providing temporary, conditional relief for established smaller companies affected by COVID-19 that may look to meet their urgent funding…
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SEC Staff Publishes COVID-19 Related FAQs
The staff in the SEC’s Division of Corporation Finance (Corp Fin) has published COVID-19 Related FAQs. These FAQs provide guidance specific to financial reporting guidance…
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SEC Announces Investor Advisory Committee Meeting Focusing on COVID-19
The SEC’s Investor Advisory Committee (the Committee) will hold a public meeting on Monday, May 4, 2020, by remote means. The meeting will begin at…
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Corp Fin Provides Guidance for Certain Paper Documents in Light of COVID-19 Concerns
The staff of the Division of Corporation Finance (Corp Fin) has published guidance for certain paper documents in light of COVID-19. Corp Fin indicates that…
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SEC Provides Phased CAT Broker-Dealer Reporting Timelines In Response to COVID-19
The SEC has issued the following two exemptive orders in order to move Consolidated Audit Trail (CAT) implementation forward: Establishing a phased CAT reporting timeline…
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SEC Chief Accountant Stresses Importance of Financial Reporting in Light of COVID-19
SEC Chief Accountant Sagar Teotia issued a Statement on the Importance of High-Quality Financial Reporting in Light of the Significant Impacts of COVID-19. Teotia indicates…
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SEC Staff Provides Views on Disclosure and Other Securities Law Obligations in Consideration of Covid-19
The SEC has issued the following guidance for consideration of COVID-19 (Coronavirus): CF Disclosure Guidance Topic 9: Coronavirus (COVID-19); Staff Statement Regarding Rule 302(b) of…
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