The State of COVID-19 Disclosure, Part I: Debt Covenants
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 ...
LIBOR Transition Gets Real at SEC, OCIE
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 ...
Five Procedural Defenses Against Virtual Annual Shareholder Meeting Glitches
When virtual work meetings go wrong, the damage is usually limited. The parent of a rambunctious toddler might suffer some embarrassment, but that’s...
U.S. Regulators Put Squeeze on Chinese Issuers
Unless your head has been buried in the sand for the past few months (and who could blame you?), you will be acutely aware of escalating tensions betw...
Disclosure Describes Strings Attached to PPP Funds
The Paycheck Protection Program provided a welcome lifeline to businesses in the midst of the pandemic. But for companies that have cashed their PPP c...
Five Lessons from Early Comment Letters on COVID-19
It’s still early, but we’re starting to learn more about how the SEC is policing disclosures around the pandemic. Like the disease itself, SEC com...