Paul Nabhan

Jul 19, 2024 | mondaq.com | Robert Azarow |Jane Norberg |Kevin Toomey |Paul Nabhan

On June 24, 2024, Eric Gerding, Director of the Division of Corporation Finance (the Division) of the U.S. Securities and Exchange Commission (SEC), published a statement regarding certain areas of focus within the Division's Disclosure Review Program. While Director Gerding discussed areas applicable to all industries, his statement put banking registrants on alert regarding disclosures of risks related to their commercial real estate (CRE) exposure and the use of artificial intelligence (AI).

Jul 18, 2024 | arnoldporter.com | Robert Azarow |Jane Norberg |Kevin Toomey |Paul Nabhan

On June 24, 2024, Eric Gerding, Director of the Division of Corporation Finance (the Division) of the U.S. Securities and Exchange Commission (SEC), published a statement regarding certain areas of focus within the Division’s Disclosure Review Program. While Director Gerding discussed areas applicable to all industries, his statement put banking registrants on alert regarding disclosures of risks related to their commercial real estate (CRE) exposure and the use of artificial intelligence (AI).

Nov 9, 2023 | mondaq.com | Christopher Peterson |Teresa Johnson |Paul Nabhan

On October 30, the U.S. Securities and Exchange Commission (SEC) issued an order (the Order) granting exemptive relief from Rule 15c2-11 under the Securities Exchange Act of 1934 to issuers of fixed-income securities sold in compliance with the safe harbor provided by Rule 144A (Rule 144A Fixed-Income Securities).

Nov 6, 2023 | arnoldporter.com | Christopher Peterson |Teresa Johnson |Paul Nabhan

On October 30, the U.S. Securities and Exchange Commission (SEC) issued an order (the Order) granting exemptive relief from Rule 15c2-11 under the Securities Exchange Act of 1934 to issuers of fixed-income securities sold in compliance with the safe harbor provided by Rule 144A (Rule 144A Fixed-Income Securities).

Sep 24, 2023 | mondaq.com | Kevin Toomey |Robert Azarow |Paul Nabhan

The U.S. Securities and Exchange Commission recently announced it had settled cease-and-desist proceedings against Malvern Bancorp Inc. and its former chief financial officer. In its Aug.