• 05.11.18

    SEC Hits Yahoo With $35M Fine

    Just weeks after publishing guidance on cybersecurity, the Securities and Exchange Commission (SEC) assessed a $35 million penalty against Yahoo! Inc. for allegedly misleading investors concerning a major data breach.

  • 03.21.18

    Equifax Insider Trading Charges Highlight Importance of Tailored Policies and Controls

    In what appears to be the first insider trading case stemming from insider knowledge of material nonpublic cyber-related information, the Securities and Exchange Commission brought civil charges against a former Equifax executive, alleging that the executive illegally traded on the basis of ...

  • 12.20.17

    Limitation on Deduction of Executive Compensation in Excess of $1M

    The recently enacted Tax Cuts and Jobs Act substantially modifies the limitation on corporate deductibility of executive compensation under Section 162(m) of the Code.

  • 12.14.17

    Cybersecurity Guidance on SEC Horizon

    In a push for increased cybersecurity vigilance, the Securities and Exchange Commission indicated its plans to amend existing data security guidance, including the reporting of data breaches.

  • 11.16.17

    SEC Provides Greater Deference to Public Company Boards

    On Nov. 1, 2017, the Securities and Exchange Commission (SEC) issued Staff Legal Bulletin No. 14I(CF), which articulates important interpretive guidance relating to shareholder proposals submitted to public companies for inclusion in proxy statements.

  • 10.07.17

    SEC Gets Tough on ICOs, Files First Fraud Case

    The Securities and Exchange Commission (the Commission) has put its digital money where its mouth is.

  • 09.19.17

    Proposed Legislation May Afford Broader Use of Regulation A

    Earlier this month, the House of Representatives approved in a landslide vote the Improving Access to Capital Act (HR 2864), which would extend the use of Regulation A, an exemption from registration under the Securities Act, to public companies.

  • 09.01.17

    SEC Hyperlink Rules Are Live

    Effective September 1, 2017, the Securities and Exchange Commission’s (SEC) recently adopted rules require most companies that file public reports to include active hyperlinks to each exhibit listed in the exhibit index, as well as exhibits incorporated by reference, included in registration ...

  • 10.31.16

    SEC Eases Rules on Intrastate Crowdfunding

    On October 26 the Securities and Exchange Commission (SEC) unanimously adopted new and amended rules aimed at making it easier for companies to raise money from investors through intrastate and small offerings.

  • 12.21.15

    Congress Takes the FAST Lane to Important Securities Reforms

    On December 4, 2015, the President signed the Fixing America's Surface Transportation Act, better known as the FAST Act, which had been approved by a bipartisan Congress.