The SEC’s request for public input on climate disclosures attracted 297 institutional comments totaling 3,290 pages. The views range from questioning the SEC’s authority to imploring...
The SEC filed an enforcement action involving a public company’s cybersecurity disclosure. The action highlights the need for executives responsible for SEC reporting to be informed pro...
Davis Polk partner Joseph Hall recently authored “Are Nonfungible Tokens Securities?” in Law360. In the article, Hall discusses the complexities of the status of nonfungible tokens (...
On April 2nd, the SEC approved NYSE rule changes that will relax current requirements to obtain shareholder approval prior to certain equity issuances. The changes will facilitate capital...
On March 5, the SEC announced charges against AT&T for violating Regulation FD (Fair Disclosure), the agency’s marquee rule forbidding companies from “selectively disclosing” materi...
Yesterday, the Securities and Exchange Commission announced a newly created Climate and ESG Task Force in the Division of Enforcement. The announcement is a reminder for public companies,...
Yesterday, the SEC released a statement on climate change disclosures. The statement directs the SEC staff to review company disclosures against its 2010 climate change disclosure guidanc...
Davis Polk partner Joseph Hall recently authored “Ripple Token Case Highlights Need for SEC Clarity on Crypto” in Law360. In the article, Hall discusses the need for the SEC to give c...
A recent SEC conditional no-action position (the “No-Action Statement”) has further opened the regulatory door to trading of digital asset securities (“DAS”), by allowing certain ...
On December 28, the NYSE proposed rules that would relax its current requirements to obtain shareholder approval prior to certain equity issuances. The proposal, if approved, would more c...
