-
Jan 8, 2025 | 
mondaq.com | David A. Sakowitz |Michael Blankenship |Ben Smolij |Kamil Turkmani
The Electronic Data Gathering System Analysis, and Retrieval(EDGAR) system will be closed on Thursday, January 9, 2025 inobservance of a federal holiday honoring the thirty-ninth Presidentof the United States, James Earl Carter, Jr., pursuant to President Biden's December 30, 2024 executiveorder. Additionally, the New York Stock Exchange and Nasdaqwill suspend trading on January 9, 2025, as a mark of respect.
-
Nov 19, 2024 | 
mondaq.com | Michael Blankenship |David A. Sakowitz |Drew Pierce |Jeremy Spankowski
On September 16, 2024, the Securities and Exchange Commission
(SEC) filed securities fraud charges (the Enforcement Action)
against the former chief executive officer (CEO), former chief
financial officer (CFO), and former audit committee chair (the AC
Chair) of Kubient Inc.
-
Nov 6, 2024 | 
mondaq.com | Michael Blankenship |David A. Sakowitz |Emily Semon |Robert Allan Oakes
On September 27, 2024, the Securities and Exchange Commission
(SEC) adopted rule and form amendments intended to enhance
the security of its Electronic Data Gathering, Analysis, and
Retrieval (EDGAR) system and improve filers' access and account
management capabilities. These changes are being referred to as
EDGAR Next.
-
Nov 1, 2024 | 
mondaq.com | David A. Sakowitz |Ben Smolij |Emily Semon |Megan Thomas
On October 22, 2024, the Securities and Exchange Commission (the
SEC) announced charges and million-dollar penalties
against four companies for allegedly making materially misleading
disclosures regarding cybersecurity risk and intrusions relating to
SolarWinds' Orion software hack. SolarWinds
provides an IT performance and monitoring product called Orion,
which issued a routine software update in March 2020.
-
Oct 22, 2024 | 
mondaq.com | David A. Sakowitz |Michael Blankenship |Ben Smolij |Kamil Turkmani
On October 7, 2024, the U.S. Securities and Exchange Commission
(SEC) approved a Nasdaq-proposed amendment to Nasdaq Rule
5810(c)(3) (the Amendment), which impacts Nasdaq's minimum bid
price requirement and reverse stock splits on the exchange.
-
Oct 15, 2024 | 
mondaq.com | David A. Sakowitz |Emily Semon |James Kemp
WS
Winston & Strawn LLP
More
Winston & Strawn LLP is an international law firm with 15 offices located throughout North America, Asia, and Europe. More information about the firm is available at www.winston.com.
On September 20, 2024, the Securities and Exchange Commission (SEC) posted a notice and request for comment on proposed changes to the New York Stock Exchange's (NYSE)...
United States
Corporate/Commercial Law
-
Oct 14, 2024 | 
mondaq.com | David A. Sakowitz |Emily Semon
The Securities and Exchange Commission (the "SEC")
recently charged a public company with violations of Regulation
Fair Disclosure ("Regulation FD") stemming from social
media posts by the company's CEO. These charges are evidence of
a trend toward increased Regulation FD enforcement by the SEC.
-
Oct 9, 2024 | 
mondaq.com | David A. Sakowitz |Emily Semon
On September 25, 2024, the Securities and Exchange Commission
(the SEC) announced settled charges against 25 entities and
individuals for late beneficial-ownership and insider-transaction
reports. The SEC had levied penalties on these filers because of
failures to timely report information about their holdings and
transactions in public-company stock.
-
Sep 29, 2024 | 
mondaq.com | David A. Sakowitz |Ben Smolij |Jacob Tabman |Delilah Todd
On August 26, 2024, the Securities and Exchange Commission (SEC)
issued an order approving amendments to Nasdaq rules
related to phase-in periods (the Phase-In Amendments) and cure
periods (the Cure Period Amendments, and, together with the
Phase-In Amendments, the Amendments). The Amendments are consistent
with the NYSE's previously approved amendments to its corporate
governance requirements and were described as
"reasonable" by the SEC.
-
Sep 20, 2024 | 
mondaq.com | David A. Sakowitz |Jennifer Taylor |Emily Semon
On September 9, 2024, the Securities and Exchange Commission
(the SEC) voted 3-2 to approve the Public Company Accounting
Oversight Board's (PCAOB) new quality control standard, QC 1000, A Firm's System of Quality
Control, which will require all registered public
accounting firms to identify specific risks to their practices and
design a quality control system that includes safeguards against
such risks.
