As Goodwin’s PCAP discussed in a recent client alert, the staff (“Staff”) of the U.S. Securities and Exchange Commission (“SEC”) Division of Corporation Finance on March 13, 2026 published a no-action letter confirming that the Staff would not recommend enforcement action for late filings by directors and officers of foreign…
On March 17, 2026, the U.S. Securities and Exchange Commission (SEC) issued an interpretation providing additional clarity on how federal securities laws apply to crypto assets and related transactions. For an industry that has developed alongside limited regulatory interpretations, this guidance reflects the SEC’s effort to further articulate how securities…
The SEC’s Investor Advisory Committee will hold a public meeting on March 12, 2026, at 10:00 a.m. ET at the SEC’s headquarters in Washington, D.C. The meeting will also be webcast on the SEC’s website. The published agenda includes three topics: (1) public company disclosure reform; (2) fund proxy voting;…
On March 4, 2026, SEC Chairman Paul S. Atkins delivered remarks at the Financial Stability Oversight Council’s Artificial Intelligence Innovation Series Roundtable on Strategy and Governance Principles, outlining how the Commission is approaching artificial intelligence as both a regulatory tool and a market development. In his remarks, Chairman Atkins addressed…
In remarks delivered on February 23, 2026 at the U.S. Chamber of Commerce Center for Capital Markets Competitiveness, SEC Chairman Paul S. Atkins reinforced his ongoing agenda aimed at revitalizing U.S. public markets and reversing the long-term decline in the number of public companies. Framing capital formation as central to…
In remarks delivered on February 17, 2026, at the Texas A&M School of Law Corporate Law Symposium, SEC Chairman Paul Atkins highlighted aspects of his agenda that are of particular interest to public companies and companies considering going public. His speech focused on two central themes: Competition among the States…
On January 26, 2026, The Nasdaq Stock Market (Nasdaq) filed a rule proposal with the Securities and Exchange Commission (SEC) that would permit the immediate suspension and delisting of a company listed on the Nasdaq Global Market (including the Global Select Market) or the Nasdaq Capital Market if its market…
At this year’s SRI, a few themes popped up in panels across a range of topics: disclosure trends; governance priorities; and frequently discussed interpretive questions. IPO Comment Letter Timing: Still Long, but Improving Initial comment letters for IPOs are still currently taking longer than the 30-day target reflective of both…
The 53rd Annual Securities Regulation Institute (SRI) opened with remarks from Chair of Goodwin’s Public Company Advisory Practice, Dave Lynn, who is serving as Institute Chair, setting the tone for several days of discussion focused on the most pressing issues facing public companies, boards, and capital markets practitioners. This year’s…
The Staff of the Division of Corporation Finance has updated several Compliance and Disclosure Interpretations (CDIs) under the Securities Act, proxy rules, and tender offer rules. The changes provide additional clarity on lock-up agreements, exempt solicitations, unexpected dissident consent solicitations, and cross-border tender offers, while communicating expectations concerning notices of…