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SEC guidance for possible government shutdown

The SEC’s Division of Corporation Finance published guidance on their operations around a shutdown, particularly with respect to registration statement acceleration of effectiveness and related topics: ...more

MD&A and Related Amendments

The SEC has adopted amendments to Regulation S-K to revise the rules for MD&A and eliminate the requirement for selected financial data in SEC filings. According to the SEC, "The amendments are intended to enhance the focus...more

SEC Amends Rules for Disclosures Regarding Business, Legal Proceedings and Risk Factors

The SEC has adopted amendments to modernize certain disclosure requirements set forth in Regulation S-K. Specifically, the SEC updated the items governing a company’s description of its business, legal proceedings and risk...more

SEC Allows "Test the Waters" Communications for All Companies

On September 25, 2019 the SEC adopted a new rule 163B that extends a “test-the-waters” accommodation—currently a tool available to emerging growth companies or “EGCs”—to all issuers....more

Reminder: SEC fees to increase on October 1st

As a reminder, effective on Tuesday, October 1st, the SEC’s registration fees will increase to $129.80/million dollars registered, an increase from $121.20/million dollars registered....more

SEC Announces New Changes to Covers of Periodic Reports and Registration Statements

The SEC adopted technical rule and form amendments under the JOBS Act that impact almost every periodic report and registration statement by adding an additional “check the box” item on the covers (as well as the introductory...more

SEC proposes hyperlinks for filing exhibits

The SEC has proposed rule amendments that would require companies that file registration statements and periodic and current reports to include hyperlinks to each exhibit listed in the exhibit index of their filings (in a...more

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