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New Corporate Transparency Act Rules Adopted | Foreign Companies Registered to Do Business in the U.S. Must Report Their...

Consistent with a U.S. Treasury Department press release that we previously reported on, Treasury’s Financial Crimes Enforcement Network (FinCEN) has issued new rules under the Corporate Transparency Act (CTA) that only...more

Corporate Transparency Act Suspended (Again)

We recently reported that the Corporate Transparency Act (CTA) was back in effect due to the stay of the nationwide preliminary injunction previously entered in the case of Smith v. U.S. Department of the Treasury....more

Corporate Transparency Act Back in Effect | New Beneficial Ownership Report Filing Deadline is March 21, 2025

We previously reported that enforcement of the Corporate Transparency Act (CTA) was enjoined nationwide due to a preliminary injunction in the case of Smith v. U.S. Department of the Treasury....more

Corporate Transparency Act Still Enjoined Despite Recent Supreme Court Ruling

We previously reported that on December 26, 2024, a panel of the United States Court of Appeals for the Fifth Circuit restored the nationwide preliminary injunction against enforcement of the federal Corporate Transparency...more

Corporate Transparency Act Nationwide Injunction Restored

REPORTING COMPANIES NEED NOT COMPLY WITH CTA DEADLINES WHILE INJUNCTION IS IN EFFECT - We recently reported that on December 23, 2024 a motions panel of the United States Court of Appeals for the Fifth Circuit stayed the...more

Corporate Transparency Act Reinstated | Reporting Deadline Extended to January 13, 2025

FinCEN DELAYS DUE DATE FOR EXISTING COMPANIES’ FIRST BENEFICIAL OWNERSHIP REPORTS TO JANUARY 13, 2025 - On December 23, 2024, the United States Court of Appeals for the Fifth Circuit stayed the nationwide preliminary...more

Corporate Transparency Act Enjoined

REPORTING COMPANIES RELIEVED FROM JANUARY 1, 2025 REPORTING DEADLINE FOR NOW - The United States District Court for the Eastern District of Texas has issued a nationwide preliminary injunction against enforcement of the...more

Corporate Transparency Act Beneficial Ownership Report Filing Deadline for Companies Formed Before This Year is January 1, 2025 |...

As we have previously reported, the federal Corporate Transparency Act (CTA) requires most privately held companies organized in the U.S. and foreign companies that register to do business in a U.S. state to file an online...more

SEC Adopts New Climate-Related Disclosure Rules Without Scope 3 Greenhouse Gas Disclosure Requirement

After much anticipation, the Securities and Exchange Commission (SEC) adopted last week its climate-related disclosure rules. The adoption of the rules included a press release available here and a fact sheet available here....more

EFFECTIVE JANUARY 1, 2024 - Corporate Transparency Act (CTA) Requirements

EFFECTIVE JANUARY 1, 2024 - CORPORATE TRANSPARENCY ACT (CTA) WILL REQUIRE MOST CORPORATE AND OTHER BUSINESS ENTITIES TO FILE WITH FINCEN AND PROVIDE INFORMATION RELATED TO THEIR BENEFICIAL OWNERS...more

SEC Issues Final Rule on Cybersecurity Incident Reporting and Cybersecurity Risk Management Disclosure

The Securities and Exchange Commission (the “SEC”) issued a final rule on July 26, 2023 that will require public companies to disclose material cybersecurity incidents on Form 8-K within four business days of discovery. In...more

SEC Modernizes Filing Signature Requirements by Permitting Electronic Signatures

On March 29, 2020, we reported on the SEC’s COVID-19 relief from its manual signature requirements for SEC filings. In that blog entry, we observed that, entirely aside from the pandemic emergency, the requirement in Rule...more

SEC Provides COVID-19 Relief for Filing Signature Rules—But Why Not Modernize the Requirement for Original Manual Signatures?

The Current Rule on Manual Signatures - SEC filings are almost universally made electronically on the SEC’s EDGAR system, with required signatures represented with “/s/” before the typed name of the signatory, i.e....more

TOP TAKEAWAYS IN THE WORLD OF: Securities Regulation

KTS partners David Eaton and David Stockton participated recently in the “Advanced Securities Law” seminar sponsored by the State Bar of Georgia in Atlanta. Mr. Eaton chaired the program and Mr. Stockton presented on...more

Issue-spotting SEC Reporting Suspension Under Exchange Act Section 15(d)—The Real Hotel California Problem

Section 15(d) of the Securities Exchange Act of 1934 requires an issuer who files a registration statement under the Securities Act of 1933 to file Exchange Act reports with the SEC for at least the year in which the...more

SEC Expands Confidential Review of IPO Registration Statements

The SEC announced earlier this summer (and supplemented that announcement late last week with additional information) that it has expanded the availability of its popular procedure for confidential non-public review of, and...more

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