February 26, 2021
Key Points: Mandatory ESG requirements could be an early priority for SEC chair nominee Gary Gensler, with increasing calls from within the SEC to require material ESG risk disclosures. The EU recently implemented ...
February 24, 2021
Now that the EU Parliament has officially announced it will allow member states the option to postpone the ESEF iXBRL requirements by one year, the question for most issuers is: What now? What should you be doing today ...
February 23, 2021
Transactions by special purpose acquisition companies, or SPACs, exploded in 2020, resulting in a 320% increase in the number of SPAC initial public offerings (IPOs) compared to 2019. SPACs have been around for 15 years ...
February 19, 2021
On December 1, 2020, the Nasdaq Stock Market LLC (“Nasdaq”) proposed to adopt listing rules related to board diversity after determining that the national market and the public interest would benefit from a regulatory ...
February 18, 2021
As we discussed in the previous blog, effective internal controls are the bedrock of quality financial reporting — the essential checks and balances that help to ensure a sound process will deliver a quality product. ...
February 10, 2021
Lead the Pack: Don’t Underestimate the Power of Accessibility 2020 was a year of disruption and change – change in how we work and learn, digital dependence, face-to-face interactions and diversity. Diversity and ...
February 09, 2021
In honor of President's Day, the SEC is closed Monday, February 15, 2021. No filings can be received. Filings submitted after 5:30 pm ET, Friday, February 12, 2021 will receive a filing date of Tuesday, February 16, ...
February 08, 2021
On Thursday, January 21, President Biden announced that Democratic SEC Commissioner Allison Herren Lee will serve as acting chair of the Securities and Exchange Commission (the “SEC” or the “Commission”). As a reminder, ...
February 03, 2021
The U.S. Securities and Exchange Commission (SEC) recently adopted amendments to the rules modifying the disclosures that public companies are required to make in their periodic reports. The regulations impacted by the ...
February 01, 2021
Last November, the SEC finalized certain amendments that would eliminate selected financial data, two years of supplementary financial information, and MD&A provisions for the contractual obligations table and ...
January 29, 2021
As public companies prepare for the 2021 reporting season, they will need to consider new SEC disclosure requirements and guidance. In addition, public companies must evaluate the impact of the COVID-19 pandemic ...
January 27, 2021
Twenty years ago, the SEC brought cases against the auditors and executives of Enron for failures of internal controls and financial reporting. In the wake of this fraud, Congress and financial regulators instituted ...
January 26, 2021
A roundup of the principal new rules and amendments promulgated by the SEC in 2020 that public companies with December 31 fiscal years should consider when preparing their Annual Reports on Form 10-K for 2020. TAKEAWAYS ...
January 19, 2021
In 2020, a new acronym burst into the mainstream business lexicon: SPACs, or special purpose acquisition companies. In the simplest sense, SPACs offer a faster, cheaper way of taking a company public. By sidestepping ...
January 18, 2021
On December 22, 2020, the Securities and Exchange Commission's Division of Corporation Finance (the "Division") issued disclosure guidance applicable to transactions involving special purpose acquisition companies ...
January 15, 2021
Last week, the U.S. Securities and Exchange Commission (SEC) proposed amendments to Rule 144 to revise the holding period by limiting tacking for certain market-adjustable securities and to Form 144 filings.
January 14, 2021
In honor of Martin Luther King, Jr. holiday, the SEC is closed Monday January 18, 2021. No filings can be received. Filings submitted after 5:30 pm ET, Friday, January 15, 2021 will receive a filing date of Tuesday, ...
January 12, 2021
Public companies will be required to disclose climate risks and greenhouse gas emissions under President-elect Biden’s administration. The Securities and Exchange Commission (SEC) will institute rulemaking and guidance ...
January 06, 2021
You have undoubtedly read about the continuing popularity of special purpose acquisition companies (SPACs). According to SPACInsider, year-to-date there have been 242 SPAC IPOs, with an average IPO size of $334.9 ...
January 04, 2021
The quality of XBRL tagging in financial disclosures is no longer just an SEC compliance issue. It is an integral part of a company’s ability to tell its financial story, attract investment, raise capital, protect its ...
