Photograph of skyscrapers with glass windows from the ground facing up to a blue sky

Tag: sec

Runners poised at the start line

Stock-Drop Litigation Poised to Go Viral

Runners poised at the start line

As the coronavirus brings the United States economy to a standstill, at least one group is staying busy: securities lawyers. While litigation in most areas fell last month, securities lawsuits were up year-over-year in March. That could ref...

Read More
Corporate traveler on the move for the Division of Corporation Finance

SEC Offers Direction on COVID-19 Disclosures

Corporate traveler on the move for the Division of Corporation Finance

The coronavirus outbreak presents something of a paradox for public companies. On the one hand, in disrupting commerce around the globe, the pandemic has presented public companies with a whole host of material risks to their businesses, wh...

Read More
A number 35 relief valve

SEC Eases Audit Requirements for Smaller Companies

A number 35 relief valve

It takes a lot to break through the coronavirus-centric news cycle, but this development in the world of financial regulation does the trick. Last week, the Securities and Exchange Commission adopted changes that will cut back on auditor at...

Read More
Bundles of blueberries in cartons

SEC Checks Greenwashing at ESG Funds

Bundles of blueberries in cartons

When you buy “organic” blueberries at the grocery store, you should be able to trust the label. When you buy “plant-derived” baby soap, you should be able to trust the label. So, when you buy shares in an “ESG” (environmental, social and go...

Read More
How pouring liquor into shot glass can be measured

SEC Won’t Let Companies Get Intoxicated by KPIs

How pouring liquor into shot glass can be measured

Was Diageo PLC overserving its distributors? The Securities and Exchange Commission certainly seems to think so. The SEC announced charges last month against the London-based liquor company related to allegations that its North American sub...

Read More