Compensation clawbacks can raise difficult, and often adverse, tax issues for employees and other service providers. Specifically, for clawbacks that are effected on a gross...
Companies that are listed on the Nasdaq Stock Market or the New York Stock Exchange are required to adopt a clawback policy that provides for the recovery from any current or former...
In August, the SEC posted a proposed Nasdaq rule change that would establish listing standards related to notification and disclosure of reverse stock splits.
Yesterday, the SEC posted, and declared immediately effective, a Nasdaq rule proposal that would modify the requirements related to waiver of the code of conduct in Listing Rules 5610 and IM-5610.
Nasdaq has filed with the SEC a proposed rule change to establish listing standards related to notification and disclosure of reverse stock splits.
The Hong Kong Stock Exchange (HKEX) recently announced certain Listing Rules amendments relating to PRC issuers, which will take effect on 1 August 2023.
In its amended rule, the NYSE also extended the cure period to all incidents of non-compliance with Section 303A.14.
In this MB Microtalk video, Mayer Brown partner, Brian Hirshberg, discusses the recent amendments to each of the NYSE and the Nasdaq direct listing rules...
FTI Consulting provides objective, well-supported and competitively-priced independent expert's reports "IERs" in transactions and restructurings to assist shareholders with their decision-making.
Goodwin Procter LLP
FINRA, Nasdaq, and NYSE published separate notices to alert their members about recent observations related to initial public offerings (IPOs) for certain small capitalization (small-cap)...
On June 15, 2022, the Securities and Exchange Commission (the "SEC") issued a request for comment to "help determine which ‘information providers,' such as index providers...
Shearman & Sterling LLP
On April 25, 2022, U.S. District Judge Jesse M. Furman dismissed a putative securities class action alleging that a fintech company (the "Company") misrepresented its internal control weaknesses and financial results in its prospectus and registration statement.
Due to market structure and regulatory changes, traditional capital-raising path for entrepreneurial companies has evolved. For companies in certain sectors, the firm commitment IPO may no longer be the goal.
Cadwalader, Wickersham & Taft LLP
The SEC requested comment on a Nasdaq Stock Market LLC amended proposed rule to adjust pricing limitations on direct listings of primary offerings.
The NYSE's yearly statistics release highlights a second consecutive year of record new listings and the exchange's increased focus on sustainability.
Bryan Cave Leighton Paisner LLP
Following on from the FCA's consultation on the effectiveness of the Primary Market, the FCA has published final rules on, amongst other things, free float and minimum market capitalisation...
The Conference Board has just released a new report, Corporate Board Practices in the Russell 3000, S&P 500, and S&P MidCap 400: 2021 Edition, a primary focus of which is board diversity.
Cadwalader, Wickersham & Taft LLP
The proposals are intended to promote diversity among the boards of Nasdaq-listed companies, and to increase transparency and accountability.
On Friday, the SEC approved Nasdaq's proposal for new listing rules regarding board diversity and disclosure, along with a proposal to provide free access to a board recruiting service.
TISE is the listing venue of choice for many leading US, UK and pan-European private equity (PE) houses wishing to list debt securities issued to finance the acquisition of portfolio companies.