Securities Law provides a resource hub for legal interpretations of new SEC© rules, mandates, or discussions.
Congressman Hurt’s proposed “Small Company Disclosure Simplification Act” is moving through the House of Representatives today and should be submitted for markup tomorrow as the proposed bill begins to gain some traction. The purpose of the bill is to “exempt…
Published: Compliance Week The SEC© may be getting closer to approving the latest IFRS Taxonomy to enable U.S. IFRS filers to begin submitting financial statements in XBRL. The IFRS Foundation recently published its 2014 IFRS Taxonomy, a kind of dictionary…
Press Release On March 6th, 2014, Congressman Robert Hurt introduced the Small Company Disclosure Simplification Act, along with Congresswoman Terri Sewell. The legislation would streamline regulations for small public companies and remove a disincentive for companies to access capital in…
SEC© Press Release Pursuant to Section 31(j)(2) of the Securities Exchange Act of 1934, the Commission has determined that a mid-year adjustment to the Section 31 fee rate for fiscal year 2014 is not required. The Section 31 fee rate…
Publisher: Reuters Author: Sarah N. Lynch In her speech last Friday, SEC© Chair Mary Jo White announced that the SEC© is developing a plan to increase its scrutiny of the country's largest and riskiest asset managers. The new US risk…
Publisher: Reuters Author: Sarah N. Lynch Last Friday, SEC© Democratic Commissioner Luis Aguilar recommended that the US SEC© should consider updating its rules in order to protect against technological failures or cyber-attacks of “transfer agent” firms charged with maintaining millions…
Publisher: Journal of Accountancy Author: Ken Tysiac In a speech at the Forum for Corporate Directors, SEC© Commission Daniel Gallagher stated that a targeted, step by step approach is the best way for the SEC© to review and overhaul its…
Publisher: Morrison Foerster Author: Ze’-Ev Eiger In early February, the Division of Corporation Finance of the SEC© updated its guidance regarding share-based compensation disclosures in IPO prospectuses. The updates revise prior SEC© guidance recommending that issuers, in their disclosure of…
Securities and Exchange Commission Press Release The SEC© announced that starting on March 18th, 2014, the fee rates applicable to most securities transactions will be set at $22.10 per million dollars. The assessment on security futures transactions will remain unchanged at…
Author: Barbara Baksa The SEC© staff have finished their review of the disclosure requirements of Regulation S-K and issued a report that includes recommendations for further review. The JOBS Act of 2012 required the study in respect to disclosures by…