Allan R. Jeanjaquet

Aug 1, 2023 | mondaq.com | Michael Blankenship |David A. Sakowitz |Andrew Butler |Allan R. Jeanjaquet

On July 27, 2023, the Securities and Exchange Commission (SEC) adopted final rules requiring public companies to disclose material cybersecurity incidents and enhance and standardize periodic disclosure of cybersecurity risk management, strategy, and governance. The final rules will add Inline XBRL tagging requirements to such disclosures and will apply to domestic issuers, through Form 8-K and Form 10-K, and foreign private issuers, through similar disclosures on Form 6-K and Form 20-F.

Jul 25, 2023 | mondaq.com | Michael Blankenship |Sey-Hyo Lee |John Niedzwiecki |Allan R. Jeanjaquet

On July 17, 2023, the Securities and Exchange Commission (SEC) Division of Corporation Finance (the Division) released sample comments regarding disclosures by companies based in or with a majority of their operations in China, referred to as "China-based Companies." The Division notes that it has been monitoring disclosures by China-based Companies, including under the Holding Foreign Companies Accountable Act (the HFCAA), and has been issuing comments to such companies to enhance their...

May 29, 2023 | mondaq.com | Michael Blankenship |Sey-Hyo Lee |David A. Sakowitz |Allan R. Jeanjaquet

OVERVIEW On May 3, 2023, the Securities and Exchange Commission (the "SEC") adopted final rules amending the disclosure requirements for repurchases of equity securities by domestic U.S. issuers, foreign private issuers, and registered closed-end management investment companies that are exchange-traded ("Listed Closed-End Funds").