Securities and Exchange Commission Chair Gensler released a succinct statement on March 12, 2023:  “In times of increased volatility and uncertainty, we at the SEC are particularly focused on monitoring for market stability and identifying and prosecuting any form of misconduct that might threaten investors, capital formation, or the markets more broadly. Without speaking to any individual entity or person, we will investigate and bring enforcement actions if we find violations of the federal securities laws.”

We will release a client alert shortly highlighting concerns for directors and officers, and for companies generally, on disclosure related considerations, as well as liability issues, which may arise in connection with recent events.

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