Nov 03, 2023 UPDATE: US Appeals Court Holds SEC acted "arbitrarily and capriciously" in adopting share repurchase disclosure rules, grants agency 30 days to remedy By Pamela Marcogliese Taryn Zucker Aashim Usgaonkar On Tuesday, October 31, 2023, the United States Court of Appeals for the Fifth Circuit held that the SEC acted “arbitrarily and...
Oct 23, 2023 US Appeals Court Upholds Nasdaq Board Diversity Rule … For Now By Sarah Solum Pamela Marcogliese Elizabeth Bieber Taryn Zucker Kimberly Wang +2 more... Show less On Wednesday, the United States Court of Appeals for the Fifth Circuit upheld Nasdaq’s board diversity rule, which encourages greater...
Oct 02, 2023 Pending Legislation May Extend the Application of Section 16 to Foreign Private Issuers and Their Insiders By Elizabeth Bieber Nicole Foster Lori Goodman Taryn Zucker Ethan Magid Regina Erie Elizabeth Fleming Ariana Negron +5 more... Show less For decades, Foreign Private Issuers (“FPIs”) and their insiders have been exempt from the reporting requirements of Section 16 (“Section...
Sep 30, 2023 Government Shutdown & the SEC – Practical Advice for Public Companies By Sarah Solum Pamela Marcogliese Taryn Zucker Heather Kellam +1 more... Show less With a government shutdown looming, the Division of Corporation Finance of the SEC has updated its guidance outlining the “extremely...
Jun 06, 2023 SEC Issues Three C&DIs Addressing the Rule 10b5-1 Amendments By Pamela Marcogliese Elizabeth Bieber Jeremy Barr Taryn Zucker Zo Khalid Jennifer Burrow +3 more... Show less On May 25, 2023, the staff of the SEC’s Division of Corporate Finance (the “Staff”) released three new compliance and disclosure...
May 10, 2023 If You Buy, Tell Us Why (and When, and How): SEC Adopts New Share Repurchase Disclosure Requirements By Pamela Marcogliese Elizabeth Bieber Jeremy Barr Taryn Zucker Shira Oyserman Daniel Fox Lauren Lee +4 more... Show less The crackdown on stock buybacks continues. On May 3, 2023, the Securities and Exchange Commission (SEC) adopted final amendments to rules...
Dec 23, 2022 SEC Grants Approval of NYSE and Nasdaq’s Proposed Relaxed Pricing Limits for Primary Direct Listings By Pamela Marcogliese Taryn Zucker Lauren Lee On August 26, 2020 the U.S. Securities and Exchange Commission (“SEC”) approved the New York Stock Exchange’s (“NYSE”) rule proposal that...
Aug 23, 2022 SEC Delays Decision Regarding NYSE’s Proposed Relaxed Pricing Limits for Primary Direct Listings By Pamela Marcogliese Taryn Zucker Lauren Lee On December 22, 2020, the U.S. Securities and Exchange Commission (“SEC”) approved the New York Stock Exchange’s (“NYSE”) rule proposal...