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Articles: 1-10 of 356

SEC Nixes 40 Act Registration of Cryptocurrency Related Funds for Now

USA - January 18 2018 In a letter to representatives of the Investment Company Institute and the Securities Industry and Financial Markets Association, the SEC staff…

FASB to Revise Accounting for Tax Act

USA - January 12 2018 FASB received unsolicited input from banks and insurance companies and related trade groups on the accounting for what is referred to as the Tax Cuts…

Initial Tax Disclosures Regarding 162(m) in Proxy Statements

USA - January 5 2018 Many know that the Section 162(m) deduction limit for performance-based compensation has been repealed by the recent tax legislation together with…

New Tax Act Disclosures, Explanations and Examples

USA - January 1 2018 Disclosures regarding the new tax act, often referred to as the Tax Cuts and Jobs Act or TCJA, continue to be prominent in SEC filings. Set forth blow…

Pay Ratio Disclosure Checklist

USA - December 27 2017 Calculating pay ratios for public companies can be a difficult and time-consuming project. While recent interpretative guidance from the Commission…

SEC Denies No Action Request Despite Board Analysis under SLB 14I

USA - December 26 2017 Apple sought to exclude a shareholder proposal regarding the establishment of a Human Rights Committee on the basis that it involved the company’s…

SEC Guidance on Accounting for the Tax Cuts and Jobs Act and Form 8-K Obligations

USA - December 22 2017 As Christmas Eve approached with vacations and holiday shopping in full swing, President Trump signed the Tax Cut and Jobs Act and the SEC promptly…

SEC Charges CEO/Director with Sarb-Ox Loan Violations for Unreimbursed Advances that Were Outstanding for 5 to 36 Days and Misleading Independence Assertions

USA - December 22 2017 According to the SEC in an order settling an enforcement action, Alan Shortall was CEO and Chairman of Unilife Corporation, a Nasdaq listed issuer…

New Tax Bill Unleashes Flood of SEC Disclosures

USA - December 21 2017 The new tax bill awaiting President Trump’s signature has unleashed a flood of disclosures in SEC filings. The new bill was unartfully renamed “To…

Issuers Seek to Exclude Images from Shareholder Proposals Under SLB 14I

USA - December 18 2017 Among other things, SEC Staff Legal Bulleting No. 14I provides guidance on excluding images from shareholder proposals. SLB14I provides the Division…