October 21, 2020
The SEC approved amendments to Items 101, 103, and 105 of Regulation S-K in late August, as described in a recent client alert, “SEC Adopts Third Round of Disclosure Modernization.” The amendments were published in ...
October 19, 2020
Here are two quick items regarding popular IPO alternatives, SPACs (special purpose acquisition corporations) and primary direct listings: SPACs. In an interview on CNBC with Andrew Ross Sorkin on Thursday, SEC Chair ...
October 16, 2020
On September 23, 2020, the SEC adopted amendments to Rule 14a-8 (the Rule) under the Securities Exchange Act of 1934, frequently referred to as the Shareholder Proposal Rule.[1] The amendments will generally be ...
October 16, 2020
As the use of XBRL expands, staying up-to-date with frameworks and guidelines issued by regulators is key to increasing accuracy. Companies across the board have accelerated their reliance on technology during the ...
October 12, 2020
As the use of XBRL financial data in the market accelerates, the quality of XBRL tagging in disclosures is no longer solely an SEC compliance issue. It is an integral part of a company’s ability to tell its financial ...
October 08, 2020
Ann Tarca has been on the International Accounting Standards Board since 2017, as a member from the Asia-Oceania region. She joined the IASB from the University of Western Australia’s Business School, where she served ...
October 08, 2020
In observance of Columbus Day, the SEC is closed Monday, October 12, 2020. No filings can be received. Files submitted after 5:30 pm ET, Friday, October 9, 2020 will receive a filing date of Tuesday, October 13, 2020 ...
October 07, 2020
In this letter from SEC Chair Jay Clayton to Representative Brad Sherman following up on a previous conversation, Clayton offers his views and provides some insights and signals on a number of policy issues related to ...
October 05, 2020
COVID-19 nervous breakdown. The swiftly spreading coronavirus has greatly disrupted the M&A market. Nevertheless, observe attorneys Mark Director, John Pollack, George Stamas, and Pavel Shaitanoff, strategy, ...
October 02, 2020
The use of XBRL-tagged data in SEC financial disclosures is becoming the norm for the collection and analysis of financial data. During the last year, we have seen increasing use at the SEC, with several divisions ...
October 02, 2020
Is the virtual meeting just a stopgap solution for pandemic times? Or has Covid-19 permanently turned annual meetings from traditional conferences to online interactive live-streams? The first of Toppan Merrill’s 2020 ...
September 30, 2020
With any big change, it’s easy to fall into one of two traps. The first is tunnel vision: Focusing too narrowly on what’s immediately in front of you with Year 1 requirements and challenges, and “not seeing the forest ...
September 29, 2020
COVID-19 has affected the financial conditions and operations of all public companies, most in a negative way but some in very positive ways. Regardless of the impact, all public companies must consider the anticipated ...
September 25, 2020
On August 26, 2020, the United States Securities and Exchange Commission (“SEC”) approved the New York Stock Exchange’s (“NYSE”) plan for a new type of direct listing. Previously, companies could only use the direct ...
September 18, 2020
One SPACs (special purpose acquisition or "blank cheque" companies) have recently regained prominence in the US, with H1 2020 seeing record-breaking levels of activity, both in terms of value (Bill Ackman's $4bn ...
September 15, 2020
At an open meeting last month, the SEC voted (three to two) to adopt amendments, substantially as proposed, to modernize the Reg S-K disclosure requirements related to the descriptions of business, legal proceedings and ...
September 11, 2020
Bass, Berry & Sims’ Securities Law Exchange blog surveyed the risk factor disclosures of 75 calendar year-end NYSE- and Nasdaq-listed companies included in Quarterly Reports on Form 10-Q (Form 10-Qs) filed for the first ...
September 08, 2020
There were 76 transactions filed with the SEC last week. Congratulations to all of the corporations and law firms that selected our transactions services, including Mdc Partners Inc w/ Cleary Gottlieb Steen & Hamilton ...
September 04, 2020
In observance of Labor Day, the SEC is closed Monday, September 7, 2020. No filings can be received. Files submitted after 5:30 pm ET, Friday, September 4, 2020 will receive a filing date of Tuesday, September 8, 2020 ...
