Archives for May 2019

SEC To Propose Shareholder Proposal and Proxy Advisory Firm Rule Amendments

May 24, 2019 | Posted by Elizabeth A. Ising; Ronald O. Mueller Topic(s): Corporate Governance; Dodd Frank; Proxy Statements and Annual Meetings; Shareholder Proposals

On May 22, 2019 the SEC released its Spring 2019 Regulatory Flexibility Agenda (Reg Flex Agenda), available here. The Reg Flex Agenda identifies rulemaking projects that the SEC expects to address, and classifies those projects as being either in the “Proposed & Final Rule Stages," which reflects those that the SEC expects to propose over the coming year, and “Long-Term Actions," which includes those that the SEC is more likely to address over a longer timeframe.

SEC Tweaks Revised Form 8-K and 10-Q Cover Pages

May 14, 2019 | Posted by Michael A. Titera; Ronald O. Mueller; Lori Zyskowski Topic(s): Securities Regulation

As a result of amendments adopted by the Securities and Exchange Commission (SEC) on March 20, 2019 (available here, and discussed in our client alert available here), several SEC form cover pages were changed, effective May 2, 2019, including: Form 10-K, Form 10-Q, Form 8-K, Form 20-F, and Form 40-F.

SEC Proposes to Improve Disclosures Relating to Acquisitions and Dispositions of Businesses

May 7, 2019 | Posted by Hillary H. Holmes; Michael A. Titera; Andrew L. Fabens Topic(s): Audit Committee; Securities Regulation

On May 3, 2019, the Securities and Exchange Commission announced (available here) proposed changes to existing disclosure requirements in connection with acquisitions and dispositions of businesses. The proposed rules (available here) are intended to: (1) improve financial disclosures regarding the acquisition and disposition of businesses, (2) facilitate more timely access to capital, and (3) reduce the complexity and compliance costs related to such disclosures.