Paul Aylward, II

Paul Aylward, II

Morrison & Foerster LLP

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Fifth Circuit Court of Appeals Vacates U.S. SEC Share Repurchase Rule

On December 19, 2023, the Fifth Circuit Court of Appeals issued an opinion and judgment vacating (the “Judgment”) the U.S. Securities and Exchange Commission’s (SEC) Share Repurchase Disclosure Modernization rule (the...more

12/21/2023  /  Administrative Procedure Act , Appellate Courts , Arbitrary and Capricious , Chamber of Commerce , Disclosure Requirements , Failure To Respond , Securities and Exchange Commission (SEC) , Stock Repurchases , Vacated

U.S. SEC Postpones the Effective Date of Share Repurchase Rule

On November 22, 2023, the U.S. Securities and Exchange Commission (SEC) issued an order postponing the effective date (the “Postponement”) of the Share Repurchase Disclosure Modernization rule (the “Repurchase Rule”), which...more

11/29/2023  /  Administrative Procedure Act , Arbitrary and Capricious , Chamber of Commerce , Postponement , Repurchases , Securities and Exchange Commission (SEC) , Stock Repurchases
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