The SEC has created a five-year program allowing a permissioned blockchain system that uses AMMs to trade tokenized versions of exchange-listed stocks without registering as an exchange. ...
On June 30, 2026, the SEC’s Division of Corporation Finance issued an exemptive order permitting qualifying tender and exchange offers for non-convertible debt securities to remain open...
SEC staff granted no-action relief regarding the exchange of bailed-in bonds of a failed UK bank for ordinary shares of the resolved firm under the Bank of England’s statutory bail-in p...
In welcome news for directors and officers of dual-listed foreign private issuers domiciled in Canada, Chile, the European Economic Area, the Republic of Korea, Switzerland and the United...
This client update highlights key considerations for the preparation of your 2025 annual report on Form 20-F and other developments of interest to foreign private issuers. In a shift from...
This client update highlights key considerations for the preparation of your 2024 annual report on Form 20-F. As in previous years, we discuss both disclosure developments and continued a...
Changes from the proposal include elimination of Scope 3 disclosures, scaled back attestation requirements, additional materiality qualifiers and narrower financial statement triggers. Gi...
The SEC backpedaled on its proposed rules that would have expanded the scope of underwriter liability and included a new safe harbor under the Investment Company Act of 1940. But the fina...
This client update highlights key considerations for the preparation of your 2023 annual report on Form 20-F. As in previous years, we discuss both disclosure developments and continued a...