The SEC recently announced new accommodations to expand the types of companies and registration statements eligible for confidential SEC review. In this post, we summarize key takeaways from the announcement, including what...more
3/7/2025
/ Banking Sector ,
Capital Markets ,
Confidentiality Policies ,
Corporate Governance ,
Disclosure Requirements ,
Filing Requirements ,
Financial Institutions ,
Initial Public Offering (IPO) ,
Publicly-Traded Companies ,
Reporting Requirements ,
Securities and Exchange Commission (SEC) ,
Securities Regulation
New rules reflect significant concessions in response to public comments, but compliance will require careful consideration and significant investment by SEC registrants.
- Scope 3 emissions disclosure not required for...more
3/11/2024
/ Annual Reports ,
Climate Change ,
Corporate Governance ,
Corporate Social Responsibility ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
Final Rules ,
Greenhouse Gas Emissions ,
Proposed Regulation ,
Publicly-Traded Companies ,
Regulation S-K ,
Regulation S-X ,
Regulatory Agenda ,
Securities and Exchange Commission (SEC) ,
Securities Regulation
A summary of changes to Schedule 13D/G reporting. On October 11, 2023, the U.S. Securities and Exchange Commission (the SEC) adopted its final rule (the Final Rule) amending certain beneficial ownership reporting...more
On August 28, 2023, the Securities and Exchange Commission (the “SEC”) charged Impact Theory, LLC (“Impact Theory”), a media and entertainment company headquartered in Los Angeles, with conducting an unregistered securities...more
9/8/2023
/ Asset Purchaser ,
Cryptocurrency ,
Digital Assets ,
Enforcement Actions ,
Financial Transactions ,
Investment ,
Investment Contract ,
Non-Fungible Tokens (NFTs) ,
Securities Act of 1933 ,
Securities and Exchange Commission (SEC) ,
Securities Litigation ,
Token Sales ,
Unregistered Securities
In SEC v. Ripple Labs, the U.S. Securities and Exchange Commission (“SEC”) alleges that Ripple Labs, Inc. and two of its executives raised over $1.3 billion through an unregistered and ongoing digital asset securities...more
7/18/2023
/ Capital Raising ,
Cryptocurrency ,
Digital Assets ,
Enforcement Actions ,
Offerings ,
Ripple ,
Securities Act of 1933 ,
Securities and Exchange Commission (SEC) ,
Securities Litigation ,
Securities Violations ,
Unregistered Securities
On November 30, 2022, the Staff (Staff) of the Division of Trading & Markets of the Securities and Exchange Commission (the SEC) issued a no-action letter (the November 2022 NAL) (extending relief from the requirements of...more
Companies face various challenges when they report on “Scope 3,” or indirect, greenhouse gas emissions....more
On June 7, 2022, Senator Kirsten Gillibrand (D-NY) and Senator Cynthia Lummis (R-WY) introduced the Responsible Financial Innovation Act (RFIA), a highly anticipated legislative proposal that, if enacted by Congress and...more
On Monday, March 21, 2022, the U.S. Securities and Exchange Commission (SEC) proposed, at a scheduled Open Meeting, amendments to its rules under the Securities Act of 1933 and the Securities Exchange Act of 1934 that would...more
On March 9, 2022, President Biden signed an Executive Order on Ensuring Responsible Development of Digital Assets (the EO) directing various agencies and departments of the federal government to coordinate and report on...more
On October 11, 2017, the Commissioners of the U.S. Securities and Exchange Commission (SEC) voted unanimously in an open meeting to propose amendments to Regulation S-K and related rules and forms. ...more
On September 29, 2017 the U.S. Securities and Exchange Commission (the SEC) filed a civil complaint in the U.S. District Court for the Eastern District of New York against the sponsors of two “initial coin offerings” (ICOs)...more