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SEC Adopts Amendments Regarding Share Repurchase Disclosure Modernization

Summary - On May 3, 2022, the Securities and Exchange Commission (SEC) adopted final rules to modernize disclosure requirements relating to the repurchase by issuers of equity securities that are registered under the...more

SEC Adopts Amendments Regarding Rule 10b5-1 Trading Arrangements and Related Disclosures

Summary - The Securities and Exchange Commission on December 14, 2022, adopted final rules to amend Rule 10b5-1 under the Securities Exchange Act of 1934, as amended (Exchange Act). The amendments apply a cooling-off...more

SEC Proposes Revisions to Shareholder Proposal Rules

Summary - The Securities and Exchange Commission (SEC) last month proposed revisions to Rule 14a-8 under the Securities Exchange Act of 1934, as amended (Exchange Act), which require companies subject to the federal proxy...more

Federal Highway Administration Releases Revised Form FHWA-1273 for Federal-Aid Projects

The Federal Highway Administration (FHWA) on July 5, 2022, released a revised Form FHWA-1273, “Required Contract Provisions Federal-Aid Construction Contracts,” the first reissued form since 2012....more

SEC Proposes Changes to Disclosure Requirements Relating to Share Repurchases

Summary - The Securities and Exchange Commission (SEC) recently issued a proposal that would require more detailed and frequent disclosure of issuer share repurchases, often referred to as stock buybacks....more

SEC Adopts Requirement for Universal Proxy Cards in Director Elections

Summary - The Securities and Exchange Commission (SEC) recently adopted new Rule 14a-19 and amended existing federal proxy rules to require public companies to use universal proxy cards in all non-exempt solicitations...more

The SEC’s New Staff Legal Bulletin: A Strengthening of the ESG Framework

Summary - The Division of Corporation Finance of the U.S. Securities and Exchange Commission (SEC) issued a new SEC Staff Legal Bulletin outlining its views on excluding shareholder proposals under Rule 14a-8(i)(5), the...more

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