Law Blog Category: SEC Guidance

SEC Chair Jay Clayton Discusses Direction Of SEC

In a much talked about speech to the Economic Club of New York on July 12, 2017, SEC Chairman Jay Clayton set forth his thoughts on SEC policy, including a list of guiding principles for his tenure. Chair Clayton’s underlying theme is the furtherance of opportunities and protection of Main Street investors, a welcome viewpoint Read the full article…

The Acting SEC Chair Has Trimmed Enforcement’s Subpoena Power

In early February 2017, acting SEC Chair Michael Piwowar revoked the subpoena authority from approximately 20 senior SEC enforcement staff. The change leaves the Director of the Division of Enforcement as the sole person with the authority to approve a formal order of investigation and issue subpoenas. Historically, the staff did not have subpoena power; Read the full article…

SEC Advisory Committee On Small And Emerging Companies Issues Further Recommendations On Accredited Investor Definition

SEC Proposes Amendments To Definition Of “Small Reporting Company”

SEC Advisory Committee On Small And Emerging Companies Reviews Capital Formation

SEC Gives Insight On 2016 Initiatives

SEC’s Financial Disclosure Requirements For Sub-Entities Of Registered Companies

As required by the JOBS Act, in 2013 the SEC launched its Disclosure Effectiveness Initiative and has been examining disclosure requirements under Regulation S-K and Regulation S-X and methods to improve such requirements. In September 2015, the SEC issued a request for comment related to the Regulation S-X financial disclosure obligations for certain entities other Read the full article…

SEC Advisory Committee Recommendations Related To Finders

SEC Issues Investor Alert Warning That Fantasy Stock Trading Websites May Violate Securities Laws

SEC Issues Guidance On “Voting Power” For Purposes Of Bad Actor Rules

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