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SEC modernizes valuation practices

USA - January 12 2021 On December 3, 2020, the Securities and Exchange Commission (the SEC) adopted new rule 2a-5 (Rule 2a-5) under the Investment Company Act of 1940, as…

Cynthia R. Beyea, Steven B. Boehm, Kristin Hespos Burns, Taylor W. Davison, Jake C. DuCharme, Stephani M. Hildebrandt, Ronald D. Coenen, Jr., Cynthia M. Krus, Anne G. Oberndorf, Stephen E. Roth, Payam Siadatpour, Jeanne M. Waters

Diversity boost in the boardroom: Nasdaq proposes new rules to spark increased board diversity for listed companies

USA - January 5 2021 On December 1, 2020, The NASDAQ Stock Market LLC (Nasdaq) filed a proposal with the Securities and Exchange Commission (SEC) to adopt listing rules…

Cynthia R. Beyea, Steven B. Boehm, Kristin Hespos Burns, Stephani M. Hildebrandt, Cynthia M. Krus, Anne G. Oberndorf, Payam Siadatpour

Through the eyes of the SEC: SEC adopts amendments to MD&A disclosure requirements

USA - December 11 2020 On November 19, 2020, the United States Securities and Exchange Commission (the SEC) adopted amendments (the Adopted Amendments)1 to Items 301…

Cynthia M. Krus, Maximillian R. Licona

A step forward: SEC streamlines fund of funds arrangements for BDCs and closed-end funds

USA - October 15 2020 On October 7, 2020, the US Securities and Exchange Commission (the SEC) announced that it voted to adopt new rule 12d1-4 (Rule 12d1-4) under the 1940…

Sabrina L. Arnold, Cynthia R. Beyea, Cynthia M. Krus

Expansion of the pool of accredited investors

USA - September 22 2020 On August 26, 2020, the US Securities and Exchange Commission (the SEC) adopted amendments to Rule 215 and Rule 501(a) of Regulation D promulgated…

Steven B. Boehm, Cynthia M. Krus, Rachel Schuman