ARTICLE
12 October 2022

SEC Reopens Comment Period For 11 Proposed Rules Due To Technological Error

KM
Keating, Meuthing & Klekamp

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Keating Muething & Klekamp PLL is a nationally recognized law firm of approximately 130 lawyers in Cincinnati, Ohio. We deliver sophisticated legal solutions to individuals and businesses of all sizes — from start-up companies to Fortune 50 corporations. While the firm has primarily built its reputation in the tri-state area, including Ohio, Kentucky, and Indiana, our unwavering client-first approach has helped us establish a national and international presence.

Since 1954, KMK Law has been a pillar of the Cincinnati community. The attorneys and staff at KMK Law have dedicated themselves to serving as trusted advisors for private and public companies, nonprofits, charity-focused organizations, and individuals from every walk of life. Whether our counsel is to a multi-billion dollar company, or an individual working to make sure their life’s work is protected for their family and the organizations they support, we are proud and honored to help those clients achieve their aspirations, every time.

On October 7, 2022, the SEC reopened the public comment periods for eleven proposed rules including, among others, proposed rules relating to the following...
United States Corporate/Commercial Law

On October 7, 2022, the SEC reopened the public comment periods for eleven proposed rules including, among others, proposed rules relating to the following: the enhancement and standardization of climate-related disclosures for investors; enhanced ESG disclosures for investment funds and investment advisers; cybersecurity breach and risk disclosures; share buyback disclosures; and SPAC projections. The SEC reopened the comment periods after it discovered a technological error had prevented it from receiving certain comments. While affected comments were largely submitted in August 2022, the error is reported to have occurred as early as June 2021.

In order to ensure that interested persons and affected commenters have an opportunity to comment on the eleven rule proposals, the SEC is reopening the comment periods for the affected rules for 14 days following publication of the reopening release in the Federal Register. All commenters who submitted public comments to one of the affected releases between June 2021 and August 2022 should check to determine whether their comments were received and posted.

To view the list of affected releases, see here.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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