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Are Public Companies Required to Have a Principal Accounting Officer?

I was recently asked whether public companies are required, as a technical matter, to have principal accounting officers (PAOs). While PAOs are not strictly required, companies without PAOs should be aware of the result—that...more

SEC Registration Fees Increase by 3.7%

Well, the SEC’s registration filing fees keep going up. The good news is that this year’s 3.7% increase is much less than last year’s nearly 34% increase...more

The Tide Continues to Turn on ESG

As Bloomberg Law recently reported, the SEC quietly disbanded its Climate and ESG Task Force, which had been active since March 2021 and played a key role in bringing enforcement actions against misleading environmental,...more

Updating Your Description of Securities Exhibit

As summer turns into fall and in-house lawyers start thinking ahead to the upcoming 10-K filing season, we’re often asked to review and update the description of securities exhibit(s) required to be filed with Form 10-K by...more

SEC’s August 20 Open Meeting: Commissioners Approve Updated Audit Rules

Yesterday, the SEC held its third open meeting of the 2024 calendar year, at which the commissioners considered several proposals regarding auditors and the audits of public companies. Two of the proposals may be of...more

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