Last week, the SEC issued a concept release, a forerunner to potential rulemaking, seeking public comment on modernizing the disclosure requirements in Regulation S-K, the central source ...
In two recent cases, the SEC affirmatively decided not to bring clawback actions under Section 304 of the Sarbanes-Oxley Act (“SOX”) against executives who reimbursed their respective...
On December 11, the SEC once again proposed rules to implement Section 1504 of the Dodd-Frank Act relating to resource extraction issuers. Section 1504 generally provides that a U.S. or f...
On November 16, 2015, Deputy Attorney General Sally Quillian Yates gave a speech regarding the implementation of the Department of Justice’s recent policy initiatives to facilitate the ...
Yesterday, conference committee members for the House and Senate agreed on a five-year transportation bill. While this type of legislation is rarely of interest to participants in the cap...
ISS and Glass Lewis have updated their proxy voting guidelines. Key changes include policies on overboarding by public company directors and unilateral governance changes by boards.
On October 30, the SEC voted 3-1 to adopt final rules to permit eligible companies to offer and sell securities through crowdfunding—a relatively new and evolving Internet-based method ...
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...
On September 17, 2015, the Commodity Futures Trading Commission settled its first enforcement action involving an unregistered Bitcoin derivatives trading platform. Coinflip, Inc. operate...
The New York Stock Exchange has amended its rules regarding the public release of material information, which will become operative on September 28. Most significantly, the amendments to ...
