| 1 | Absolute Activist: Second Circuit Clarifies Meaning of " ... The US Court of Appeals for the Second Circuit issued an opinion in Absolute Activist Master Fund Limited v. Ficeto that clarifies when transactions in securities other than US listed securities are "domestic" under the US Supreme Court's Morrison decision, and therefore subject to private claims under Section 10(b) and Rule 10b-5 of the Securities Exchange Act of 1934. | Legal Update: archive | 06-Mar-2012 |
| 2 | Attorney Settles SEC Fraud Action Based on Legal Opinion ... The SEC announced that an attorney agreed to settle an SEC civil injunction action alleging the attorney committed securities fraud under Section 17(a) of the Securities Act and under Section 10(b) and Rule 10b-5 of the Exchange Act. The action was based on the attorney's opinion and 10b-5 letter, and role in reviewing the offering document, in an unregistered bond offering. | Legal Update: archive | 05-Jan-2012 |
| 3 | Congress Passes Capital Formation Reform Bill (JOBS Act) The House of Representatives passed the Senate-amended Jumpstart Our Business Startups (JOBS) Act. | Legal Update: archive | 27-Mar-2012 |
| 4 | Covered Bond Bill Introduced Again in Congress An update on the United States Covered Bond Act of 2011, a bill introduced in the House of Representatives to provide a framework and regulatory oversight for US covered bonds. | Legal Update: archive | 09-Mar-2011 |
| 5 | Covered Bond Legislation Reintroduced in the House An update on the reintroduction of the Covered Bond Act in the House. | Legal Update: archive | 23-Mar-2010 |
| 6 | Dodd-Frank's Anti-Retaliation Provision Does Not Protect ... The US District Court for the Southern District of Texas held in Asadi v. G.E. Energy (USA), LLC, that the Anti-Retaliation Provision of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 does not protect whistleblowing activity outside of the territorial US. | Legal Update: archive | 10-Jul-2012 |
| 7 | DTC Updates Rule 144A and Regulation S Riders An update on The Depository Trust Company's riders for Rule 144A and Regulation S offerings. | Legal Update: archive | 03-Jun-2009 |
| 8 | EDGAR-based System for EGCs and Foreign Private Issuers ... The SEC's Division of Corporation Finance announced that its EDGAR-based system for certain emerging growth companies (EGCs) and foreign private issuers to submit draft registration statements for non-public and confidential review is available as of October 1, 2012. | Legal Update: archive | 26-Sep-2012 |
| 9 | FASB and IASB Issue Amendments to Proposed Fair Value ... An update on the FASB's release of common fair value measurement and disclosure requirement amendments to its proposed accounting standards. | Legal Update: archive | 29-Jun-2010 |
| 10 | FASB and IASB Issue Draft Exposure Draft on Financial ... An update on the July 1, 2010 draft of an Exposure Draft on Financial Statement Presentation issued by the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB). | Legal Update: archive | 06-Jul-2010 |
| 11 | FASB and IASB Release Proposed Joint Standard for ... An update on a proposed accounting standard for revenue recognition jointly issued by the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB). | Legal Update: archive | 07-Jul-2010 |
| 12 | FASB and IASB Release Revised Joint Accounting Standard ... The FASB and IASB jointly issued a revised exposure draft on a proposed accounting standard for revenue recognition. | Legal Update: archive | 15-Nov-2011 |
| 13 | FATCA Guidance Released for Foreign Financial Institutions An update on the IRS's issuance of additional guidance for foreign financial institutions (FFIs) on implementing the Foreign Account Tax Compliance Act (FATCA) withholding and reporting provisions enacted as part of the Hiring Incentives to Restore Employment Act of 2010 (HIRE Act). | Legal Update: archive | 11-Apr-2011 |
| 14 | FINRA Files Proposed Consolidated Rules on Financial ... An update on FINRA's proposed rule change to adopt a new set of consolidated rules governing financial responsibility of members. | Legal Update: archive | 23-Jan-2009 |
| 15 | FINRA Files Revised Rule Proposal Related to Private ... An update on a revised FINRA rule proposal on reporting and other requirements for private placements of unregistered securities issued by members. | Legal Update: archive | 20-Jan-2009 |
| 16 | FINRA Issues Notice About the Continuing Application of ... FINRA has issued an information notice on the continuing application of NASD Rules and the Incorporated NYSE Rules after the new consolidated FINRA Rules, approved by the SEC in August and September 2008, take effect on December 15, 2008. | Legal Update: archive | 09-Dec-2008 |
| 17 | FINRA Offers Same Day Clearance for Shelf Filings An update on optional FINRA procedures that will permit same day clearance of shelf filings. | Legal Update: archive | 05-Mar-2010 |
| 18 | FINRA Proposes Rule Change to Amend Customer and ... An update on a proposed rule change by FINRA to amend the arbitration procedure codes for customer and industry disputes. | Legal Update: archive | 12-Jan-2009 |
| 19 | FINRA Proposes Rule Change to Expedite Certain ... An update on a proposed rule change by FINRA to establish procedures expediting the administration of promissory note cases. | Legal Update: archive | 25-Mar-2009 |
| 20 | FINRA Provides Guidance on New Rules Relating to ... This is an update on guidance issued by FINRA relating to new and amended FINRA rules promoting compliance with Regulation M under the Securities Exchange Act of 1934. | Legal Update: archive | 08-Dec-2008 |
| 21 | FINRA Reminds Firms to Ensure Restricted Securities are ... An update on a notice issued by FINRA reminding broker-dealers of their obligation to comply with federal securities laws and FINRA rules when participating in unregistered resales of restricted securities. | Legal Update: archive | 13-Jan-2009 |
| 22 | Fitch Clarifies Its Policy for Structured Finance Rating ... An update on Fitch's clarification of its existing policy on the provision of rating confirmations with respect to changes to global structured finance transactions or documentation. | Legal Update: archive | 13-Jan-2009 |
| 23 | Four Exchanges Competing to Establish Credit Default Swap ... An update on Congressional testimony from executives of exchanges in the US, UK and Germany each proposing to create a centralized clearing platform for the trading of credit default swaps. | Legal Update: archive | 10-Dec-2008 |
| 24 | GAO Releases Regulation A Study Required by JOBS Act The Government Accountability Office released a study on factors affecting trends in offerings under Regulation A under the Securities Act. The study was required by the JOBS Act. | Legal Update: archive | 05-Jul-2012 |
| 25 | Gender equality: European Commission proposed directive ... The European Commission has published a proposal for a directive of the European Parliament and of the Council on improving the gender balance among non-executive directors of companies listed on stock exchanges and related measures. (Free access) | Legal Update: archive | 14-Nov-2012 |
| 26 | IASB Issues a Revised Version of IFRS 1 with an Improved ... IASB announced that it has issued a revised version of IFRS 1 First-time Adoption of International Financial Reporting Standards. | Legal Update: archive | 01-Dec-2008 |
| 27 | IASB Requests Comments on FASB Proposals An update on the IASB's request for comments on the FASB's proposals relating to fair value measurement and impairments of financial instruments. | Legal Update: archive | 20-Mar-2009 |
| 28 | IFRIC Issues Guidance on Distributions of Non-Cash Assets to ... IFRIC announced that it has issued a final interpretation on the accounting treatment of distributions of non-cash assets to owners. | Legal Update: archive | 01-Dec-2008 |
| 29 | International Derivatives Clearinghouse Launches An update on the launch of the International Derivatives Clearinghouse. | Legal Update: archive | 06-Jan-2009 |
| 30 | IRS Issues Preliminary Guidance on FATCA An update on the IRS's issuance of preliminary guidance on implementing the Foreign Account Tax Compliance Act (FATCA) withholding and reporting provisions enacted as part of the Hiring Incentives to Restore Employment Act of 2010 (HIRE Act). | Legal Update: archive | 30-Aug-2010 |
| 31 | JOBS Act Confidential Registration Statement Submission ... The SEC's Division of Corporation Finance has released frequently asked questions about confidential submissions by emerging growth companies of draft registration statements, as now permitted by the JOBS Act. | Legal Update: archive | 10-Apr-2012 |
| 32 | JOBS Act FAQs About Broker-dealer Registration Exemption The SEC's Division of Trading and Markets released FAQs on the exemption from broker-dealer registration in the JOBS Act. | Legal Update: archive | 07-Feb-2013 |
| 33 | JOBS Act Registration and Deregistration Thresholds under ... The SEC's Division of Corporation Finance released frequently asked questions about the JOBS Act amendments to the Securities Exchange Act registration and deregistration thresholds. | Legal Update: archive | 12-Apr-2012 |
| 34 | Jobs Bill Offset with FATCA Provisions to Combat Offshore Tax ... An update on the Foreign Account Tax Compliance Act (FATCA) provisions included in the Jobs Bill to combat offshore tax evasion. | Legal Update: archive | 17-Mar-2010 |
| 35 | NASDAQ Extends Compliance Period for Market Value of ... An update on a NASDAQ proposal to amend its listing requirements to extend the compliance period for companies that fail to meet the market value of listed securities requirements. | Legal Update: archive | 27-Jan-2009 |
| 36 | NASDAQ Extends Suspension of Certain Listing ... An update on NASDAQ's proposed rule change extending a temporary suspension of certain continued listing requirements. | Legal Update: archive | 20-Mar-2009 |
| 37 | NASDAQ Extends the Suspension of Certain Listing ... An update on NASDAQ's suspension of listing requirements. | Legal Update: archive | 22-Dec-2008 |
| 38 | NASDAQ Increases Annual Fees for the NASDAQ Capital ... NASDAQ increased the annual fees for companies listed on the NASDAQ Capital Market. | Legal Update: archive | 19-Oct-2012 |
| 39 | NASDAQ Modifies Obligation of Notification of Noncompliance An update on NASDAQ's proposed rule change, effective immediately but operative 30 days after filing, to modify the requirement that listed companies notify NASDAQ of noncompliance with corporate governance requirements. | Legal Update: archive | 17-May-2010 |
| 40 | NASDAQ Modifies Requirement to Provide Prior Notification ... An update on NASDAQ's proposed rule change, effective immediately, to modify the requirement for companies to provide prior notification to the NASDAQ MarketWatch Department when releasing material information outside of NASDAQ market hours. | Legal Update: archive | 19-Jan-2010 |
| 41 | NASDAQ Proposes Technical Amendments Simplifying ... An update on proposed technical amendments to NASDAQ rules requiring disclosure on director independence and the controlled company exemption from the majority-independent board requirement. The amended rules cross-reference SEC disclosure requirements for domestic issuers and retain existing NASDAQ disclosure requirements for foreign private issuers. | Legal Update: archive | 10-Jun-2011 |
| 42 | NASDAQ Proposes to Amend Listing Requirements Related ... An update on NASDAQ's proposed rule change which amends the listing requirements related to the distribution of annual reports. | Legal Update: archive | 20-Jan-2009 |
| 43 | NASDAQ Rule Change Modifying Noncompliance Notice ... An update on the NASDAQ rule change modifying the requirement that listed companies notify NASDAQ of noncompliance with corporate governance requirements becoming operative on June 13, 2010. | Legal Update: archive | 10-Jun-2010 |
| 44 | New Guidance on Changes to Documents for New ... An update on the publication by the International Capital Market Association of guidance on changes to documents for the new safekeeping structure for international debt securities. | Legal Update: archive | 16-Mar-2010 |
| 45 | New Safekeeping Structure for International Debt Securities ... An update on a new safekeeping structure for international debt securities issued in global registered form to be launched on June 30, 2010. | Legal Update: archive | 03-Feb-2010 |
| 46 | New SEC Wire Instructions and Filing Fees Effective October 1 As of October 1, 2012, new wire instructions and an increased filing fee rate for SEC filings are effective. | Legal Update: archive | 27-Sep-2012 |
| 47 | No-action Relief Granted to "Accredited Crowdfunding" ... Following its release this February of FAQs clarifying the availability of an exemption from broker-dealer registration created by Title II of the JOBS Act, the SEC's Division of Trading and Markets has granted no-action relief to a funding platform that currently appears to be complying with the exemption. | Legal Update: archive | 27-Mar-2013 |
| 48 | No-action Relief Granted to Second "Accredited Crowdfunding ... The SEC's Division of Trading and Markets has granted no-action relief to a second funding platform that will match angel and other accredited investors with start-up companies without registering with the SEC as a broker-dealer. | Legal Update: archive | 01-Apr-2013 |
| 49 | NYSE Amends Debt Listing Fees for Foreign Private Issuers On November 18, 2011, the New York Stock Exchange amended a listing fee provision of its Listed Company Manual to fix an inadvertent omission relating to fees for debt securities of foreign private issuers. | Legal Update: archive | 21-Nov-2011 |
| 50 | NYSE Extends Pilot Program to Amend Continued Listing ... An update on the NYSE's proposed rule change, effective immediately, to extend the Pilot Program to amend certain of the continued listing requirements in its Listed Company Manual. It also sets out the NYSE's proposal to make the Pilot Program permanent. | Legal Update: archive | 26-Feb-2010 |
| 51 | NYSE Proposes Amendments to its Continued Listing ... An update on the NYSE proposals to amend certain of the continued listing requirements in its Listed Company Manual on a pilot program basis through October 31, 2009. | Legal Update: archive | 14-May-2009 |
| 52 | NYSE Proposes Amendments to Notice Requirements under ... The NYSE proposed amendments to its Listed Company Manual that would modify the process and minimum time period to provide notice that the company is relying on the financial viability exception to the rule requiring stockholder approval to issue 20% or more of its common stock or voting power. | Legal Update: archive | 22-Oct-2012 |
| 53 | NYSE Proposes Changes to Initial Listing Standards for ... The NYSE submitted a proposal to the SEC to amend Sections 102.01 and 103.00 of its Listed Company Manual for initial listings of companies from outside North America. | Legal Update: archive | 09-Oct-2012 |
| 54 | NYSE Proposes Flat Fees for Listing of Certain Securities on ... An update on a proposed rule change by the NYSE relating to fees payable in connection with listing certain securities on NYSE Bonds. | Legal Update: archive | 13-Jan-2009 |
| 55 | NYSE Proposes Rule Change to Independence ... An update on a proposed rule change by the NYSE to amend the independence requirements for directors of its parent company, NYSE Euronext. | Legal Update: archive | 13-Jul-2009 |
| 56 | NYSE Proposes to Amend Certain Initial Listing Requirements An update on the NYSE's proposed rule change to amend certain initial listing requirements for companies listing in connection with a firm committment underwritten public offering whose common stock is registered under the Exchange Act before listing but not listed on a national securities exchange. | Legal Update: archive | 20-Jan-2010 |
| 57 | NYSE Proposes to Clarify and Amend Certain Corporate ... An update on proposed amendments to corporate governance requirements in the NYSE's Listed Company Manual. | Legal Update: archive | 27-Aug-2009 |
| 58 | NYSE Publishes New and Updated Forms to Reflect Changes ... An update on the NYSE's publication of new and updated written affirmations, exhibits and other documents to reflect recent changes to its corporate governance standards contained in Section 303A of the NYSE Listed Company Manual. | Legal Update: archive | 02-Feb-2010 |
| 59 | NYSE Reminds its Listed Foreign Companies of their Annual ... An update on a letter released by the NYSE to its listed foreign private issuers about their need to make their annual notifications and filings with the exchange. | Legal Update: archive | 03-Feb-2009 |
| 60 | NYSE Reminds its Listed Foreign Companies of their Annual ... An update on a letter released by the NYSE to its listed foreign private issuers about their annual notification and filing obligations with the exchange. | Legal Update: archive | 22-Feb-2010 |
| 61 | NYSE Sends Corporate Governance Letter to its Domestic ... An update on a letter released by the NYSE reminding its listed domestic companies and foreign private issuers about annual notification and filing obligations with the exchange. | Legal Update: archive | 14-Feb-2011 |
| 62 | NYSE Sends its 2013 Letters to Listed Domestic Companies ... The NYSE sent its annual letters to listed domestic companies and foreign private issuers reminding them of NYSE's corporate governance requirements and of their notification and filing obligations with the exchange. | Legal Update: archive | 13-Feb-2013 |
| 63 | NYSE Sends its Annual Letters to its Listed Domestic ... The NYSE sent its annual letters to its listed domestic companies and foreign private issuers reminding them of the NYSE's corporate governance requirements and of their notification and filing obligations with the exchange. | Legal Update: archive | 22-Feb-2012 |
| 64 | Old Trends Emerge in New Bonds An update on recent trends in bond offerings, including payment-in-kind bonds, not seen since 2007 before the credit markets froze. | Legal Update: archive | 06-Jan-2010 |
| 65 | President Obama Signs JOBS Act President Obama signed into law the Jumpstart Our Business Startups (JOBS) Act. | Legal Update: archive | 05-Apr-2012 |
| 66 | Proposed Legislation Would Ban Trading in "Naked" Credit ... An update on a draft bill in the House of Representatives to ban trading in "naked" credit default swaps. | Legal Update: archive | 02-Feb-2009 |
| 67 | Recent opinion by US court places strict limitations on ... | Legal Update: archive | 28-Jan-2009 |
| 68 | Report by 14 Firms on Immediate Effect of JOBS Act on Private ... 14 law firms have released a report detailing their consensus on the immediate effect of the Jumpstart Our Business Startups Act of 2012 on SEC rules governing general solicitation and advertising in certain private placements. | Legal Update: archive | 09-Apr-2012 |
| 69 | S&P Announces New Criteria for Rating Distressed ... Legal Update on S&P's New Criteria for Rating Distressed Companies Engaged in Exchange Offers. | Legal Update: archive | 29-Jan-2009 |
| 70 | SEC Adopts Final Rule Mandating Use of XBRL An update on a final rule adopted by the SEC requiring companies to provide financial statement information in a form that is intended to improve its usefulness to investors. | Legal Update: archive | 30-Jan-2009 |
| 71 | SEC Adopts Improved Disclosure Rules and Prospectus ... An update on the SEC adoption of amendments requiring enhanced disclosure requirements and new prospectus delivery options for mutual funds. | Legal Update: archive | 14-Jan-2009 |
| 72 | SEC Adopts New Short Form Criteria to Replace Credit ... An update on the SEC's final rules adopting new criteria to replace credit ratings as a condition for companies seeking to use short-form registration when registering securities for public sale. | Legal Update: archive | 27-Jul-2011 |
| 73 | SEC Adopts Revisions to Oil and Gas Disclosure ... An update on new provisions adopted by the SEC for oil and gas companies. | Legal Update: archive | 05-Jan-2009 |
| 74 | SEC Adopts Updated EDGAR Filer Manual The SEC updated its EDGAR Filer Manual. | Legal Update: archive | 16-May-2013 |
| 75 | SEC Adopts Updated EDGAR Filer Manual The SEC updated its EDGAR Filer Manual. | Legal Update: archive | 05-Oct-2012 |
| 76 | SEC Advisory Committee on Small and Emerging Companies ... The SEC Advisory Committee on Small and Emerging Companies announced it will meet on February 1, 2013 and released draft recommendations to be finalized at the meeting. | Legal Update: archive | 18-Jan-2013 |
| 77 | SEC Advisory Committee on Small and Emerging Companies ... The SEC Advisory Committee on Small and Emerging Companies announced that it will hold a meeting on June 8, 2012 to discuss the effects of the JOBS Act on small and emerging companies. | Legal Update: archive | 24-May-2012 |
| 78 | SEC Allows Registration of Covered Bonds On May 18, 2012, the SEC staff issued a no-action letter allowing the Royal Bank of Canada (RBC) to register the offer and sale of covered bonds in the US. | Legal Update: archive | 23-May-2012 |
| 79 | SEC Amends Form ID to Include Additional Applicant Types On September 1, 2011, the SEC amended Form ID to include additional applicant types. | Legal Update: archive | 02-Sep-2011 |
| 80 | SEC Amends Rules Relating to Form ID Applications This is an update on amendments to the SEC rules regarding application for EDGAR filing codes to allow additional documents to be submitted online. | Legal Update: archive | 09-Mar-2009 |
| 81 | SEC Announces that Notices of Iran-related Activities Must Be ... The SEC's Division of Corporation Finance issued a press release announcing that the stand-alone notices of Iran-related sanctionable activities required to be filed under the Iran Threat Reduction and Syria Human Rights Act of 2012 must be filed through EDGAR. | Legal Update: archive | 20-Dec-2012 |
| 82 | SEC Approves Changes to NYSE Alternext's Initial Listing ... An update on the SEC's approval of changes proposed by the American Stock Exchange (now known as NYSE Alternext) to its initial listing process. | Legal Update: archive | 08-Dec-2008 |
| 83 | SEC Approves DTC Rule Change to Implement New Security ... An update on the new DTC Security Holder Tracking Service. | Legal Update: archive | 17-Dec-2008 |
| 84 | SEC Approves DTC Rule Eliminating Issuance of Physical ... An update on the SEC's approval of a Depository Trust Company (DTC) rule filing which eliminates the issuance of physical certificates to confirm certain Withdrawals by Transfer. | Legal Update: archive | 08-Dec-2008 |
| 85 | SEC Approves DTC Rule Proposal to Amend Applicant ... An update on the SEC's approval of a Depository Trust Company (DTC) rule filing to amend its applicant disqualification criteria. | Legal Update: archive | 08-Dec-2008 |
| 86 | SEC Approves FICC's Proposed Rule Change Allowing Direct ... An update on the SEC's approval of FICC's proposed rule change allowing direct membership for non-US firms in its Government Securities Division. | Legal Update: archive | 02-Mar-2009 |
| 87 | SEC Approves FINRA Rule Change Regarding Dismissal of ... An update on the SEC approving a FINRA rule change regarding arbitration. | Legal Update: archive | 05-Jan-2009 |
| 88 | SEC Approves FINRA Rule Change to Amend Arbitration ... An update on the SEC approval of FINRA rule change to amend the Submission Agreement and related rules of the Codes of Arbitration Procedure for Customer and Industry Disputes. | Legal Update: archive | 09-Jan-2009 |
| 89 | SEC Approves FINRA Rule Change To Amend Customer and ... An update on the SEC's approval of FINRA's rule change to amend the arbitration procedure codes for customer and industry disputes. | Legal Update: archive | 22-Jan-2009 |
| 90 | SEC Approves FINRA Rule on Trading Ahead of Research ... An update on a FINRA rule change approved by the SEC on trading ahead of research reports. | Legal Update: archive | 16-Jan-2009 |
| 91 | SEC Approves FINRA Rule Proposal Related to Member ... An update on the SEC's approval of a FINRA rule proposal on reporting and other requirements for private placements of unregistered securities issued by FINRA members. | Legal Update: archive | 20-Mar-2009 |
| 92 | SEC Approves Making Pilot Program Permanent An update on the SEC approving the NYSE's proposed rule to make permanent the Pilot Program to amend certain listing requirements in the NYSE's Listed Company Manual. | Legal Update: archive | 20-Apr-2010 |
| 93 | SEC Approves Modification of NASDAQ Listing Fees An update on the SEC's approval of NASDAQ's proposed modifications of application, entry and annual fees for companies listing securities on the Nasdaq Global and Nasdaq Global Select Markets. | Legal Update: archive | 09-Mar-2010 |
| 94 | SEC approves NASDAQ Rule Change to Establish a PORTAL ... This is a summary of the NASDAQ rule change which establishes a PORTAL reference database. | Legal Update: archive | 07-Nov-2008 |
| 95 | SEC Approves NASDAQ's Proposed Changes for Listed ... An update on an SEC order approving NASDAQ's proposed rule change to modify the procedures applied when listed companies fall below certain listing requirements. | Legal Update: archive | 02-Feb-2010 |
| 96 | SEC Approves New Reverse Merger Listing Standards for the ... On November 9, 2011, the SEC approved rule changes for the NYSE, NYSE Amex and NASDAQ exchanges that impose additional listing requirements on companies completing a reverse merger with a shell company. | Legal Update: archive | 10-Nov-2011 |
| 97 | SEC Approves NYSE Proposal to Temporarily Suspend ... An update on the SEC's approval of proposed changes to the New York Stock Exchange's listing requirements. | Legal Update: archive | 06-Mar-2009 |
| 98 | SEC Approves NYSE Proposed Changes to Corporate ... An update on the SEC approval of the NYSE's proposed rule changes clarifying corporate governance requirements. | Legal Update: archive | 01-Dec-2009 |
| 99 | SEC Charges Foreign Audit Firm with Failing to Comply with ... The SEC charged a foreign audit firm with failing to comply with its audit document request under Section 106 of SOX. | Legal Update: archive | 10-May-2012 |
| 100 | SEC Clarifies That Crowdfunding Remains Unlawful Until It ... The SEC posted a notice reminding issuers that it has not yet implemented the JOBS Act's crowdfunding exemption. | Legal Update: archive | 24-Apr-2012 |
| 101 | SEC Division of Corporation Finance Issues Guidance on ... The SEC's Division of Corporation Finance issued guidance clarifying the procedure for emerging growth companies to confidentially submit draft IPO registration statements, as permitted by the JOBS Act. | Legal Update: archive | 06-Apr-2012 |
| 102 | SEC Division of Corporation Finance Issues Guidance on ... On October 13, 2011, the SEC's Division of Corporation Finance issued guidance on disclosure obligations relating to cyber security risks and incidents. | Legal Update: archive | 14-Oct-2011 |
| 103 | SEC Division of Corporation Finance Issues Staff Legal ... On October 14, 2011, the SEC's Division of Corporation Finance issued Staff Legal Bulletin No. 19, Legality and Tax Opinions in Registered Offerings. | Legal Update: archive | 14-Oct-2011 |
| 104 | SEC Extends Large Trader Reporting Compliance Dates for ... The SEC issued an order extending the dates for broker-dealer compliance with the large trader recordkeeping, reporting, and monitoring requirements of Rule 13h-1 under the Exchange Act. Additionally, the SEC permanently exempted a number of capital markets transactions from Rule 13h-1's definition of "transaction" for determining whether a person is a large trader. | Legal Update: archive | 24-Apr-2012 |
| 105 | SEC Extends NYSE Pilot Program to Amend Continued ... An update on the SEC's extension of NYSE's Pilot Program to amend certain of the continued listing requirements in its Listed Company Manual. | Legal Update: archive | 12-Nov-2009 |
| 106 | SEC Grants Extension of NYSE's Suspension of Minimum $1 ... An update on the SEC's notice of immediate effectiveness of a proposed extension to the suspension of the NYSE's minimum $1 stock price continued listing requirement through July 31, 2009. | Legal Update: archive | 13-Jul-2009 |
| 107 | SEC Grants XBRL Relief to Foreign Private Issuers An update on an SEC no-action letter for foreign private issuers about the deadline for beginning to disclose interactive data using XBRL. | Legal Update: archive | 14-Apr-2011 |
| 108 | SEC Increases Filing Fee Rate An update on the increase of SEC filing and registration fees. | Legal Update: archive | 17-Dec-2009 |
| 109 | SEC Issues C&DIs on Interactive Data Rules, Regulation ST ... An update on compliance and disclosure interpretations published by the SEC on interactive data rules, Regulation S-T, Regulation S-K and Form 8-K Rules. | Legal Update: archive | 01-Jun-2009 |
| 110 | SEC Issues C&DIs on Lock-up Agreements in Debt Exchange ... An update on the SEC's release of compliance and disclosure interpretations (C&DIs) providing guidance on lock-up agreements in debt exchange offers, foreign private issuers, shelf registrations and other topics. | Legal Update: archive | 12-Aug-2010 |
| 111 | SEC Issues Guidance on Filing 8-Ks to Report Reverse ... On September 14, 2011, the SEC issued guidance on the filing of Forms 8-K to report reverse mergers and similar transactions by which companies cease to be shell companies. | Legal Update: archive | 15-Sep-2011 |
| 112 | SEC Issues New Fee Advisory for 2009 This is an update on a new fee rate advisory issued by the SEC for fiscal year 2009. | Legal Update: archive | 09-Mar-2009 |
| 113 | SEC Issues Social Media and Regulation FD Guidance in ... The SEC issued a report on its investigation of Netflix and its CEO for an alleged Regulation FD violation related to a Facebook posting. | Legal Update: archive | 03-Apr-2013 |
| 114 | SEC Issues Staff Legal Bulletin No. 18 on Certain ... An update on Staff Legal Bulletin No. 18 relating to Rule 12h-3 and the suspension of reporting obligations under Section 15(d) of the Securities Exchange Act of 1934. | Legal Update: archive | 15-Mar-2010 |
| 115 | SEC Limits Confidential Review Policy for Foreign Private ... The staff of the SEC's Division of Corporation Finance announced new limitations on its policy permitting non-US issuers to submit initial registration statements to the SEC on a confidential basis. | Legal Update: archive | 08-Dec-2011 |
| 116 | SEC Permits Reliance on Section 3(a)(9) for Exchanges of ... An update on the SEC's no-action letter allowing reliance on Section 3(a)(9) of the Securities Act of 1933, as amended, for issuance of a new parent security in exchange for an old parent security guaranteed by wholly-owned subsidiaries. | Legal Update: archive | 14-Jan-2010 |
| 117 | SEC Proposes Amendments to Remove Credit Ratings as a ... An update on a proposal by the SEC under the Dodd-Frank Act to replace using credit ratings as a condition for short-form registration and shelf-offering eligibility in favor of a requirement for the company to have issued over $1 billion of non-convertible securities for cash in registered, primary offerings in the previous three years. | Legal Update: archive | 10-Feb-2011 |
| 118 | SEC Proposes JOBS Act General Solicitation Rules The SEC issued proposed rules to permit general solicitation and general advertising in certain securities offerings. | Legal Update: archive | 29-Aug-2012 |
| 119 | SEC Proposes Revised Shelf Eligibility Requirements for ... An update on the SEC's re-proposed rules outlining the requirements for shelf registration eligibility for asset-backed securities (ABS), replacing its proposed April 2010 revisions to Regulation AB (Reg AB). | Legal Update: archive | 27-Jul-2011 |
| 120 | SEC Provides Guidance on Climate Change Disclosure An update on the SEC's guidance on public company disclosure of the impact of business or legal developments arising from climate change on its business. | Legal Update: archive | 27-Jan-2010 |
| 121 | SEC Publishes Final Report on Work Plan for Global ... The SEC's Office of the Chief Accountant published a final report on its work plan related to global accounting standards and the impact that the use of International Financial Reporting Standards (IFRS) by US issuers would have on the US securities market. | Legal Update: archive | 16-Jul-2012 |
| 122 | SEC Publishes Interpretive Release Providing Guidance on ... An update on the SEC's publication of an interpretive release providing guidance to public companies regarding the application of its existing disclosure requirements to climate change matters. | Legal Update: archive | 03-Feb-2010 |
| 123 | SEC Publishes Progress Report on Work Plan for Global ... An update on the publication of the SEC's progress report on its work plan for establishing global accounting standards. | Legal Update: archive | 01-Nov-2010 |
| 124 | SEC Publishes Revised C&DIs for Non-GAAP Financial ... An update on the SEC's publication of revised compliance and disclosure interpretations (C&DIs) for non-GAAP financial measures. | Legal Update: archive | 13-Jan-2010 |
| 125 | SEC Publishes Revised C&DIs for Regulation SK and Form 8 ... An update on the SEC's publication of revised compliance and disclosure interpretations (C&DIs) for Regulation S-K and Form 8-K. | Legal Update: archive | 17-Feb-2010 |
| 126 | SEC Registration on Form 13H For Large Traders Required ... Under new Rule 13h-1 under the Securities Exchange Act of 1934, large traders, as defined in the rule, must register with the SEC by December 1, 2011. | Legal Update: archive | 22-Nov-2011 |
| 127 | SEC Releases an Overview of US Securities Laws for Foreign ... The SEC released an overview for foreign issuers that provides information about what is required of foreign private issuers to access US capital markets. | Legal Update: archive | 21-Feb-2013 |
| 128 | SEC Releases Dodd-Frank Mandated Study on Private Right ... The SEC released a study mandated by Section 929Y of the Dodd-Frank Act on whether and to what extent the private right of action under the Section 10(b) of the Exchange Act should be extended extraterritorially. Section 929Y was part of Congress' response to the US Supreme Court's decision in Morrison v. National Australia Bank. | Legal Update: archive | 12-Apr-2012 |
| 129 | SEC Releases JOBS Act Report on Exchange Act Registration ... The SEC released a report mandated by Section 504 of the JOBS Act on its authority to enforce Exchange Act Rule 12g5-1(b)(3), an anti-circumvention provision related to registration under Section 12(g) of the Exchange Act. | Legal Update: archive | 17-Oct-2012 |
| 130 | SEC Releases Sample Letter on Accounting and Disclosure ... An update on the SEC's release of a sample letter identifying accounting and disclosure issues relating to mortgage and foreclosure activities to consider when preparing upcoming Exchange Act reports. | Legal Update: archive | 29-Oct-2010 |
| 131 | SEC Releases Sample Letter on MD&A Disclosure An update on the SEC's release of a sample letter identifying disclosure issues to consider when preparing the Management's Discussion & Analysis of Financial Condition and Results of Operations section of a Form 10-K, Form 10-Q or registration statement. | Legal Update: archive | 19-Aug-2009 |
| 132 | SEC Releases Updated Draft EDGAR Filer Manual (Volume II) The SEC released an updated draft of the EDGAR Filer Manual (Volume II) to reflect changes scheduled to be implemented on January 14, 2013. | Legal Update: archive | 17-Dec-2012 |
| 133 | SEC Releases Updated Draft EDGAR Filer Manual and ... The SEC released revised drafts of volumes I and II of the EDGAR Filer Manual, which governs the submission of information to the SEC by electronic means. | Legal Update: archive | 04-Jun-2012 |
| 134 | SEC Releases Updated EDGAR Filer Manual The SEC released drafts of revised Volumes I and II of the EDGAR Filer Manual, which outlines the procedures for submitting documents to the SEC in electronic format. | Legal Update: archive | 28-Mar-2013 |
| 135 | SEC Releases Updated EDGAR Filer Manual The SEC released drafts of revised Volumes I and II of the EDGAR Filer Manual, which outlines the procedures for submitting documents to the SEC in electronic format. | Legal Update: archive | 12-Sep-2012 |
| 136 | SEC Requests Comment on Private Rights of Action for ... An update on an upcoming SEC study mandated by the Dodd-Frank Act on whether and the extent to which private rights of action under the antifraud provisions of the Exchange Act should be extended for transnational securities fraud. | Legal Update: archive | 26-Oct-2010 |
| 137 | SEC Seeks Public Comment in Advance of Proposing JOBS ... The SEC announced that it is now accepting public comment on the Jumpstart Our Business Startups Act (JOBS Act). | Legal Update: archive | 11-Apr-2012 |
| 138 | SEC Sets Mandatory Transition Date for EDGAR-based ... The SEC announced that, beginning October 15, 2012, draft registration statements submitted to the SEC for confidential review by emerging growth companies (EGCs) and foreign private issuers (FPIs) must be submitted using the EDGAR system. | Legal Update: archive | 11-Oct-2012 |
| 139 | SEC Staff Discusses Additional JOBS Act Guidance Senior staff members of the SEC Division of Corporation Finance discussed interpretive guidance on the Jumpstart Our Business Startups Act (JOBS Act). This oral guidance supplements various written guidance the staff has published over the last week. | Legal Update: archive | 12-Apr-2012 |
| 140 | SEC Staff Releases Additional JOBS Act Title I FAQs The SEC's Division of Corporation Finance has released generally applicable frequently asked questions regarding Title I of the JOBS Act. | Legal Update: archive | 18-Apr-2012 |
| 141 | SEC Staff Releases Additional JOBS Act Title I FAQs ... The SEC's Division of Corporation Finance released additional frequently asked questions (questions 42-54) regarding the applicability of Title I of the JOBS Act to mergers and exchange offers. | Legal Update: archive | 01-Oct-2012 |
| 142 | SEC Staff Releases Additional JOBS Act Title I FAQs ... The SEC's Division of Corporation Finance released additional frequently asked questions (questions 18-41) regarding Title I of the JOBS Act. | Legal Update: archive | 07-May-2012 |
| 143 | SEC Updates Policy on Nonpublic Submissions by Foreign ... The SEC updated its policy permitting foreign private issuers to submit registration statements on a nonpublic basis. | Legal Update: archive | 31-May-2012 |
| 144 | SEC Updates Recently Revised C&DIs for Non-GAAP ... An update on the SEC's further revisions to its revised compliance and disclosure interpretations (C&DIs) for non-GAAP financial measures. | Legal Update: archive | 15-Jan-2010 |
| 145 | Supreme Court Grants Certiorari in Foreign-Cubed Securities ... An update on the US Supreme Court's decision to grant certiorari in Morrison v. National Australia Bank. | Legal Update: archive | 01-Dec-2009 |
| 146 | Supreme Court Rejects Extraterritorial Reach of Section 10(b) ... An update on the US Supreme Court's opinion in Morrison v. National Australia Bank affirming the Second Circuit's dismissal of the foreign cubed case. | Legal Update: archive | 24-Jun-2010 |
| 147 | Updated EDGAR Filer Manual Adopted (Volume II) The SEC issued a final rule updating the EDGAR Filer Manual (Volume II). | Legal Update: archive | 16-Jan-2013 |
| 148 | US securities fraud litigation: how long is the extraterritorial ... On 23 October 2008, the influential US Court of Appeals for the Second Circuit considered for the first time a so-called "foreign-cubed" case; that is, a securities fraud claim brought by a non-US investors against non-US defendants based on securities transactions outside the US. The court's analysis provides important guidance on activities that could bring non-US entities within the reach of US securities fraud litigation. | Legal Update: archive | 24-Nov-2008 |
| 149 | US Solicitor General Favors Denying Supreme Court Review ... An update on the status of the request for the US Supreme Court to grant a writ of certiorari to review Morrison v. National Australia Bank. | Legal Update: archive | 10-Nov-2009 |