On July 17, 2023, the Governor of the state of Delaware signed Senate Bill 114 amending the General Corporation Law of the State of Delaware (DGCL), which will become effective on August 1, 2023. Among other things, the...more
On February 15, 2023, the Securities and Exchange Commission (SEC) adopted final rule changes to shorten the standard settlement cycle for most broker-dealer transactions in securities from two business days after the trade...more
Assembly Bill 979 (the Bill), signed into law by Gov. Newsom on September 30, 2020, required all public companies with a principal executive office in California to have at least one director from an underrepresented...more
4/8/2022
/ Board of Directors ,
California ,
Constitutional Challenges ,
Corporate Governance ,
Diversity and Inclusion Standards (D&I) ,
Equal Protection ,
Injunctions ,
New Legislation ,
Publicly-Traded Companies ,
Securities Regulation ,
State Constitutions ,
Woman Board Members
On Wednesday, March 30, 2022, the Securities and Exchange Commission (SEC) proposed new rules and amendments to enhance disclosure and investor protection in initial public offerings (IPOs) and in business combination...more
4/7/2022
/ Capital Markets ,
Capital Raising ,
Comment Period ,
Initial Public Offering (IPO) ,
Investment ,
Investor Protection ,
Proposed Amendments ,
Regulatory Agenda ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Special Purpose Acquisition Companies (SPACs)
On December 1, 2020, the Nasdaq stock exchange filed with the Securities and Exchange Commission (SEC) a proposal to adopt new listing rules concerning the diversity of Nasdaq-listed companies’ boards of directors. Under the...more
On May 4, 2020, in response to the tremendous economic uncertainty and ensuing securities market downturn resulting from COVID-19, the Securities and Exchange Commission approved effective immediately Nasdaq Listing Rule...more
Aiming to modernize the description of business, legal proceedings and risk factor disclosures that registrants are required to make pursuant to Regulation S-K, the Securities and Exchange Commission (SEC) recently proposed a...more
California Now Requires Female Directors on Public Company Boards -
In a groundbreaking move to bring gender diversity to the boardroom, on Sept. 30, 2018, Governor Jerry Brown signed California Senate Bill 826 (SB 826),...more
In a groundbreaking move to bring gender diversity to the boardroom, on Sept. 30, 2018, Governor Jerry Brown signed California Senate Bill 826 (SB 826), which amends the California Corporations Code to require public...more
On December 4, 2015, the President signed the Fixing America's Surface Transportation Act, better known as the FAST Act, which had been approved by a bipartisan Congress. The FAST Act (also referred to in the media as the...more