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Tag: sec

Hanging set of punching Gloves

Six New Lessons from Latest Round of COVID-19 Comment Letters

Hanging set of punching Gloves

While the COVID-19 outbreak has left many of us hanging around the house for months, that hasn’t stopped the Securities and Exchange Commission from voicing opinions on pandemic-related corporate disclosure. In May, we offered up some preli...

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Four People Racing in Marathon, crossing finishing line

The State of COVID-19 Disclosure, Part III: CARES Act Relief

Four People Racing in Marathon, crossing finishing line

You did it. You’ve reached the third and final installment of our series on the “state of COVID-19 disclosure.” Previous episodes focused on language concerning debt covenants and going concern opinions. Today, we’re going to see what publi...

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Amplifying voices: Microphone confronting racial inequality

Issuers Pushed to Stand Up on Social Issues

Amplifying voices: Microphone confronting racial inequality

If you streamed Hamilton last weekend, you saw opposing sides of a question facing today’s public companies personified by two 18th-century politicians. The question is whether to stake out a position on hot-button issues. Aaron Burr cautio...

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Debt covenant obstacle course

The State of COVID-19 Disclosure, Part I: Debt Covenants

Debt covenant obstacle course

It’s coming from celebrities. It’s coming from aunt Sally’s Facebook feed. It’s even coming from heads of state. Misinformation is one of the biggest obstacles in the fight against COVID-19, and it seems to be coming from everywhere. But if...

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Kids playing in the backseat

LIBOR Transition Gets Real at SEC, OCIE

Kids playing in the backseat

Remember when you were eight years old and your parents warned you to knock it off in the back of the car, and then warned you again, and then warned you a third time that no really, don’t test us, you better stop? Well, in related news, fe...

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