Securities Alert – NASDAQ Board Diversity Proposal Approved By the SEC
On August 6, 2021, the SEC approved Nasdaq’s board diversity proposal set forth in Rules 5605(f) and 5606 of the Nasdaq Listing Rules.
Securities Client Alert – NYSE Approves Amendments to Related Party Transaction Requirements
The SEC approved amendments to the NYSE’s Listed Company Manual, revising the requirements for related party transactions in Section 314.00.
Securities Alert – Rule Changes the SEC is Considering, Including Revisiting Recently Amended Rules
The SEC Chair has identified several areas of focus (10b5-1 plans, climate change, human capital management and cybersecurity risk governance among others), while also asking the SEC staff to revisit a number of recently amended rules (proxy voting advice, the integration framework for exempt offerings, the accredited investor definition and resource extraction rules).
Securities Alert – New Securities Rules Take Effect to Improve Exempt Offerings
Amendments recently took effect to “address gaps and complexities in the exempt offering framework that impede access to capital for issuers and access to investment opportunities for investors.”
Securities Alert – SEC’s Focus on Climate and Other ESG Disclosures
One of the primary focuses of the SEC going forward will be to review climate and other ESG disclosures, develop new guidance and possibly new rules related to these topics, and more aggressively enforce the rules that relate to climate and other ESG topics.