The SEC’s so-called “gag rule” which prevents a defendant settling with the SEC from denying the SEC’s allegations has recently come under fire. Recently the Fifth Circuit heard.
The SEC announced late last week that it has abandoned its rulemaking efforts begun last May to compel disclosure of share buyback rationales and data.
On February 6, the United States Securities and Exchange Commission (SEC) voted 3-2 to adopt Rules 3a5-4 and 3a44-2 under the Securities Exchange Act of 1934 (“Exchange Act”), as a.
At a contentious open meeting on February 6, 2024, the Securities and Exchange Commission (Commission) voted three to two to adopt rule amendments (Final Rules) under the Securities.
On January 24, 2024, the U.S. Securities and Exchange Commission (SEC) adopted new rules intended to enhance disclosures and provide additional investor protection in initial public offerings.