U.S. SEC Gives Public Until June 17 to Weigh In on Climate Risk Proposal May 10, 2022 By Katanga Johnson The U.S. Securities and Exchange Commission (SEC) on Monday extended until June 17 the period for public comment on its...
Musk Loses Bid to End SEC Agreement on Oversight of Tesla Tweets April 29, 2022 By Tom Hals A U.S. judge slammed Elon Musk for trying to escape a settlement with regulators requiring oversight of his Tesla Inc....
Responses to U.S. SEC Climate Disclosure Rules Keep Coming in April 14, 2022 By Don Jergler There’s been a lot of ringing in on newly proposed rules from the Securities and Exchange Commission mandating that all...
U.S. SEC Proposes Boosting Blank-Check Company Disclosures, Liability March 30, 2022 By Katanga Johnson and Chris Prentice Proposal requires SPACs disclose conflicts during, after listing Disclosures must be issued at least 20 days before deal vote Rule...
Wall Street in Quandary Over New SPAC Equity Contracts After SEC Crackdown June 10, 2021 By Chris Prentice Wall Street accountants and lawyers are trying to figure out new equity agreements to lure investors back to the blank-check...
SEC Plans New Workforce Data Disclosure Rule May 14, 2021 By Katanga Johnson The U.S. Securities and Exchange Commission (SEC) plans to propose a rule requiring that public companies disclose a range of...
SEC Eyes Guidance on SPAC Projections, Clarity on Liability Shield April 28, 2021 By Anirban Sen, Chris Prentice and Joshua Franklin U.S. securities regulator is considering new guidance to rein in growth projections made by listed blank-check companies, and clarify when...
SEC Throws Another Wrench into Wall Street’s SPAC Machine April 13, 2021 By Ben Bain, Heather Perlberg, Gillian Tan and Crystal Tse U.S. regulators are throwing another wrench into Wall Street’s SPAC machine by cracking down on how accounting rules apply to...
SEC Warns SPACs Aren’t a Way to Avoid Securities Laws April 9, 2021 By Ben Bain The U.S. Securities and Exchange Commission has a fresh warning for the booming SPAC market: Blank-check companies aren’t an end-around...
SEC Starting to Inquire About Risk Management of Blank Check IPOs: Reuters March 25, 2021 By Chris Prentice The U.S. securities regulator has opened an inquiry into Wall Street’s blank check acquisition frenzy and is seeking information on...