On July 17, the Ninth Circuit issued a decision holding that an overseas company with unsponsored ADRs trading in the United States on the over-the-counter market can be liable for violat...
An initial public offering is a key inflection point for a company, not least because it often triggers the opportunity to review and replace the company’s corporate governance structur...
As part of the SEC’s continuing effort to streamline disclosure for smaller companies, the Securities and Exchange Commission announced on June 28 that it had adopted a final rule to re...
With recent increased activity in the area of sovereign bond offerings (including a rise in issuances of “green bonds”) and liability management transactions, we thought it timely to ...
On February 21, the Securities and Exchange Commission released updated interpretive guidance on cybersecurity disclosure, reaffirming staff guidance issued in 2011, providing more detail...
Nasdaq is proposing to change the requirements in Listing Rule 5635(d) for shareholder approval when a company issues common stock (or securities convertible into or exercisable for commo...
On February 2, the SEC approved the New York Stock Exchange’s proposal to facilitate “direct listings” by companies that do not intend to sell shares in an initial public offering. ...
Starting February 1, a NYSE-listed company must notify NYSE at least ten minutes before making a public announcement, at any time, of a dividend or other stock distribution. This includes...
On Friday, January 19, 2018, the Securities and Exchange Commission (SEC) announced that “should there be a federal government shutdown after January 19, the SEC will remain open for a ...
The Tax Cuts and Jobs Act has now passed both houses of Congress and is expected to soon be signed into law. In this memo we address disclosure considerations for public companies that co...
