SPACs are Hot but Difficult to Pull Off
By Soyoung Ho SPACs are hot. Once regarded as somewhat shady as blank check companies, they have become the darling …
Senate Democrats Have Harsh Words for Departing SEC Chairman
By Bill Flook The top Democrat on the Senate Banking Committee lambasted outgoing SEC Chairman Jay Clayton for implementing “one …
SEC Unlikely to Issue Interpretive Guidance on Human Capital Management Disclosure
By Soyoung Ho When the SEC in August adopted a new rule for public companies to provide information to investors …
SEC Asks Court to Toss Out Institutional Shareholder Services Lawsuit
By Bill Flook The SEC on October 30, 2020, asked a U.S. District Court judge to toss out a lawsuit …
Group Says Accounting Standard-Setter is Ignoring Investor Views
By Soyoung Ho A group of investment analysts who are well-versed in accounting told the SEC that they are concerned …
SEC Chairman Clayton Set to Testify Before Senate Banking Panel
By Bill Flook SEC Chairman Jay Clayton is scheduled to testify remotely on November 17, 2020, before the Senate Banking …
SPACs are Hot but SEC is Watching
By Soyoung Ho In the past couple of years, the number of special purpose acquisition companies (SPACs) has increased significantly, …
SEC Relaxes Auditor Independence Rules
By Soyoung Ho SEC Commissioners Allison Herren Lee and Caroline Crenshaw said in a joint statement that they voted against …
Chamber, Others Say SEC ‘Seeking to Barricade the Courthouse Doors’ in Supreme Court Filing
By Bill Flook The U.S. Chamber of Commerce, Cato Institute, and Competitive Enterprise Institute together asked the Supreme Court to …
House Passes Forced Labor Disclosure Bill
By Bill Flook The House on September 30, 2020, passed a bill that would require public companies to disclose supply …