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Business law and corporate law thought leadership, articles, podcasts, videos and webinars from expert sources across the legal world. Explore insights covering topics that involve business and corporate law produced by specialists working in this area every day.
Article
More Needed, But The SEC Proposes Regulation Crypto Assets, Providing A Framework For Offering Crypto Asset Investment Contracts
The Securities and Exchange Commission has proposed "Regulation Crypto Assets," a comprehensive framework establishing two new exemptions from Securities Act registration for crypto asset offerings. The proposal introduces a Startup Exemption allowing up to $5 million in offerings over four years and a Fundraising Exemption permitting up to $75 million in capital raises, while also codifying conditions under which crypto assets cease to be investment contracts.
United States Commercial
LS
Lowenstein Sandler
Article
SEC Ends Shareholder Proposal No-action Relief Process
The Securities and Exchange Commission has eliminated its longstanding no-action relief process for shareholder proposals under Rule 14a-8, fundamentally altering how companies and shareholders navigate proxy statement disputes. This shift represents the beginning of a broader reassessment of the shareholder proposal framework that could reshape corporate governance dynamics and force companies to reconsider their engagement strategies with activist shareholders.
United States Commercial
AO
A&O Shearman
Article
Public Company Advisory News Roundup: SEC Announces Formation Of Specialized Unit Within Division Of Enforcement To Combat Accounting And Financial Reporting Fraud
This newsletter roundup covers critical regulatory developments affecting public companies, including the SEC's new enforcement unit targeting financial fraud, analysis of semiannual reporting proposal comments, FinCEN's permanent removal of beneficial ownership reporting requirements, and Glass Lewis insights on shareholder proposals. The comprehensive update spans August 1-14, 2026, providing essential guidance for corporate compliance and governance professionals.
United States Commercial
GP
Goodwin Procter LLP
Article
SEC Discontinues All Rule 14a-8 No-Action Responses: Key Considerations For Public Company Boards And Management
On August 14, 2026, the Securities and Exchange Commission’s Division of Corporation Finance issued a statement announcing that it will no longer respond to any no-action requests under Exchange Act Rule 14a-8, reflecting the SEC staff’s decision to completely discontinue no-action guidance to companies seeking to exclude shareholder proposals from their proxy materials under the process provided under the rule.
United States Commercial
B
Bevilacqua
Article
SEC Staff Suspends Indefinitely Shareholder Proposal No-action Process
The SEC's Division of Corporation Finance has indefinitely withdrawn from its longstanding role in resolving disputes between public companies and shareholders over proxy material exclusions. This significant policy shift, effective immediately, eliminates the Division's review of no-action requests under Exchange Act Rule 14a-8, fundamentally altering the shareholder proposal process that has been in place for decades.
United States Commercial
HL
Hogan Lovells Cadwalader
Article
Robots On Wall Street: Non-Traditional Paths To Public Markets For Robotics Companies
Robotics companies are exploring alternative paths to public markets through de-SPAC transactions and reverse mergers instead of traditional IPOs. Recent deals involving Agility Robotics and Serve Robotics illustrate the strategic advantages and potential pitfalls of these alternative financing routes. Legal experts analyze what these trends mean for the future of robotics company capital formation.
United States Finance
M
Mintz
Article
Division Of Corporation Finance Provides Update On Shareholder Proposal Process
The SEC's Division of Corporation Finance has announced a significant policy shift regarding shareholder proposals under Rule 14a-8, fundamentally changing how companies and shareholders navigate the proxy process. This development eliminates a longstanding mechanism that provided regulatory guidance on proposal exclusions, creating new uncertainty for corporate governance practices. Companies must now adapt their approach to shareholder proposal challenges while continuing to meet filing requirements throu
United States Commercial
GP
Goodwin Procter LLP
Article
SEC Announces Decision To Stop Responding To Rule 14a-8 No Action Requests
The SEC's Division of Corporation Finance has announced a significant policy shift regarding shareholder proposals under Exchange Act Rule 14a-8, ending its practice of responding to company requests to exclude proposals from proxy statements. This decision follows a trial period during the 2025-2026 proxy season and reflects Chairman Paul Atkins' view that staff intervention in these matters is unnecessary, allowing the Division to redirect resources toward other critical regulatory functions.
United States Commercial
MB
Mayer Brown
Article
Consolidation, Governance And Complexity: What MSG Sports Corp.’s Proposed Separation Reveals About Modern Sports Ownership
Madison Square Garden Sports Corp. has filed a confidential Form 10 registration statement with the SEC to separate its New York Knicks and New York Rangers franchises into two distinct publicly traded companies. The proposed spin-off aims to provide each organization with enhanced strategic and financial flexibility, a more defined business focus, and clearer investment characteristics.
United States Media & IT
AB
Aird & Berlis LLP
Article
DOJ Withdraws Antitrust Guidance For Proxy Advisory Industry
The U.S. Department of Justice has withdrawn a decades-old business review letter issued to Institutional Shareholder Services, the nation's largest proxy advisor, amid growing concerns about market concentration and influence over corporate governance. This development follows state-level regulatory efforts, a Florida antitrust lawsuit, and a presidential executive order targeting the proxy advisory industry's role in promoting ESG and DEI initiatives.
United States Anti-trust
JD
Jones Day
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