SEC Issues Proposed Rules to Modernize and Simplify Regulation S-K
Public Companies and Securities The SEC has proposed amendments to Regulation S-K and related rules and forms. The proposed amendments are based on SEC staff recommendations in a report that was required by Section 72003 of the Fixing America’s Surface Transportation Act, or the FAST Act. According to the SEC, the proposed amendments are intended to modernize and simplify […] Read more →
Treasury Issues Plan to Streamline Capital Markets Regulation
Public Companies and Securities Pursuant to Executive Order 13772, the Treasury Department has issued a report that identifies laws, treaties, regulations, guidance, reporting and record keeping requirements,... Read more →
Alleged Illegal Strategy Disclosed in 10-K Excuses Demand in Suit against Directors
Public Companies and Securities The Delaware Court of Chancery decision in Kandell v. Niv is based on highly unusual facts but aids in the understanding of some basic elements of the fiduciary duties of... Read more →
SEC Busts Fraudulent Initial Coin Offerings
Litigation The SEC charged a businessman and two companies with defrauding investors in a pair of so-called initial coin offerings, or ICOs, purportedly backed by investments in real estate... Read more →