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Category: SEC

People Cheering on the Game, Holding up Banner Silhouette

NFT Regulation Starts to Take Shape

People Cheering on the Game, Holding up Banner Silhouette

Sports and non-fungible tokens – better known as NFTs – seem like a perfect match. After all, sports fanatics love collecting memorabilia celebrating their favorite players and teams. It should come as little surprise, then, that a survey o...

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Street bench in flood water

Private Eyes: Boards Evaluating Flood of Take-Private Offers

Street bench in flood water

Nearly six months into 2022, an auto company executive’s drama-filled bid to buy a social media platform stands out as the story of the year in the dealmaking world. But Elon Musk’s potential acquisition of Twitter has been part of a run of...

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Shadowy hands grasping materiality

Courts, SEC Offer Guidance on Subject of Materiality

Shadowy hands grasping materiality

The concept of materiality in securities law has always been intentionally vague. Information that some nebulous “reasonable investor” would consider important leaves ample room for interpretation. Nevertheless, as the Securities and Exchan...

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Person using a fidget spinner

SPACs’ Woes Mount

Person using a fidget spinner

Furbys. The Spice Girls. Flash mobs. You could argue that special purpose acquisition companies – more commonly referred to as SPACs – have enjoyed a longer shelf life than most notable fads. Nevertheless, signs point to SPACs going the way...

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Eco-friendly lounge set with carbon offsets

FASB Begins Process of Setting Accounting Standards for Environmental Reporting

Eco-friendly lounge set with carbon offsets

Summer is the season for projects. As day-to-day life slows down for a few months, the most industrious among us often use the break to knock out nagging tasks that have been sitting on to-do lists. DIYers – those fanatics who spend their d...

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