On October 30, the SEC voted 3-1 to propose amendments to Securities Act Rule 147 and Rule 504 of Regulation D. The proposed rule amendments are intended to modernize and expand the capit...
In the ongoing challenge to the SEC’s conflict minerals rule, the D.C. Circuit Court of Appeals, in a 2-1 decision, issued an opinion on August 18 upholding its April 2014 finding that ...
On July 1, the SEC issued a concept release, a forerunner to a potential rulemaking proposal, seeking public comment on whether to expand disclosure requirements about audit committees. T...
U.S. companies with foreign subsidiaries and other affiliates are required to report detailed information to the Bureau of Economic Analysis by May 29 or June 30, depending on the number ...
Boston-based biotech Intarcia Therapeutics announced this week that it had secured $225 million in aprivate synthetic royalty financing. The financing is in the form of limited recourse n...
On March 25, 2015, the SEC adopted amendments to Regulation A, a Securities Act exemption forofferings by nonpublic US and Canadian companies. The final rules (colloquially called “Regu...
In Marblegate Asset Management v. Education Management Corp. (S.D.N.Y. 2014), the Southern District of New York found that a proposed out-of-court debt restructuring to the detriment of n...
A new no-action letter from the SEC staff substantially revises the rules applicable to shortened debt tender offers and expands their utility. The new rules may also portend changes in p...
On December 17, 2014, the SEC proposed rule amendments intended to make it easier for private companies to raise capital, by relaxing existing requirements that would otherwise force them...
Last week, the Financial Industry Regulatory Authority entered into settlement agreements with a number of the major banking firms in response to allegations that their equity research an...
