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SEC Grants Conditional Section 16(a) Relief for Certain FPIs

On March 5, 2026, the Securities and Exchange Commission (SEC) issued an order granting conditional relief from Section 16(a) reporting requirements for directors and specified officers (Section 16 Officers) of certain...more

Fifth Circuit Vacates Nasdaq's Board Diversity Rules: Key Implications for the 2025 Proxy Season

On December 11, 2024, the U.S. Court of Appeals for the Fifth Circuit, in a 9-8 en banc decision, vacated the approval of Nasdaq's board diversity rules by the Securities and Exchange Commission (SEC). The court held that the...more

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