Securities Alert – SEC Proposes Amendments to Share Repurchase Disclosure Rules and to Rule 10b5-1 Insider Trading Plans
Update regarding the SEC's proposed amendments.
Update regarding the SEC's proposed amendments.
GableGotwals is pleased to announce that 71 lawyers have been recognized in the 2023 Edition of The Best Lawyers in America, two of which were newly included, and two newly named on the “Ones to Watch” list. In addition, 16 GableGotwals attorneys were named 2023 “Lawyer of the Year.”
This proposal represents the most significant alterations to the rules governing beneficial ownership reporting since their adoption.
The SEC recently announced amendments to update electronic filing requirements through the EDGAR system for certain documents that previously were permitted to be filed or submitted in paper format.
The SEC voted 3-1 to propose rule amendments to the financial reporting requirements
GableGotwals represented OGE Energy Corp. and its subsidiary, Oklahoma Gas and Electric Company, as sole and lead counsel in two new unsecured five-year revolving credit facilities with a combined borrowing capacity of $1.1 billion.
The Staff of the SEC’s Division of Corporation Finance (Staff) significantly changed guidance on shareholder proposals in its recently released Staff Legal Bulletin (SLB) 14L.
In late September 2021, the NYSE filed a proposal with the SEC to amend Section 312.07 of its Listed Company Manual to change how a company calculates the number of votes need to approve action subject to that section “in accordance with its own governing documents and any applicable law.”