Under the current administration, the United States Securities and Exchange Commission (SEC) has advanced significant organizational and procedural changes in its Division of Enforcement, which will impact how investigations are supervised and how defense counsel approach the Wells process.
Notable changes include the replacement of Regional Directors with Deputy Directors
Continue Reading SEC enforcement shake-up and Wells process reforms: Top points
On January 13, 2026, the United States Securities and Exchange Commission (SEC) announced plans to conduct a comprehensive review of Regulation S-K, the central framework governing non-financial statement disclosure requirements for public companies. In a statement, SEC Chairman Paul S. Atkins emphasized that the current breadth of Regulation S-K
Continue Reading SEC proposes comprehensive reform of Regulation S-K
Now that 2026 has begun, US public companies with a December 31 fiscal year-end will be working to prepare their annual reports on Form 10-K for filing with the United States Securities and Exchange Commission.
Companies are encouraged not only to meet relevant SEC requirements, but also to understand disclosure
Continue Reading Updating Form 10-K for fiscal year 2025 and other annual reporting
On November 17, 2025, the United States Securities and Exchange Commission (SEC)’s Division of Corporation Finance announced that it would significantly curtail its review of no-action submission requests for the upcoming proxy season (October 1, 2025 –September 30, 2026).
According to its statement, the SEC staff will not respond
Continue Reading SEC Division of Corporation Finance announces significant change to shareholder proposal no-action process for upcoming proxy season
On October 9, 2025, during a keynote address at the John L. Weinberg Center for Corporate Governance’s 25th Anniversary Gala, United States Securities and Exchange Commission (SEC) Chairman Paul Atkins suggested that the SEC may be amenable to arguments from Delaware-incorporated companies seeking to exclude precatory shareholder proposals from
Continue Reading SEC signals potentially significant changes to Rule 14a-8 shareholder proposal process
At 12:01am ET on October 1, 2025, a federal government shutdown went into effect. The Securities and Exchange Commission (SEC) has posted an announcement and Q&A regarding the activities of the Division of Corporation Finance (the Division) during the ongoing shutdown.
According to the Q&A, the Division’s activities are limited
Continue Reading SEC provides guidance regarding Division of Corporation Finance activities during the ongoing federal government shutdown
On September 12, 2025, the Eighth Circuit Court of Appeals ordered that the proceedings in Iowa v. SEC – the case challenging the Securities and Exchange Commission’s (SEC) landmark climate disclosure rules – remain paused until the SEC either reconsiders the rules through the notice-and-comment rulemaking process or decides to
Continue Reading Eighth Circuit pauses SEC climate rules litigation pending SEC action
The Securities and Exchange Commission (SEC) has launched a Cross-Border Task Force to investigate fraud involving foreign-based companies, with a focus on market manipulation schemes like “ramp-and-dumps” and misconduct by gatekeepers – including auditors and underwriters – whose role in enabling access to US capital markets has been a focus
Continue Reading SEC launches Cross-Border Task Force to target fraud involving foreign-based companies
On September 4, 2025, the US Securities and Exchange Commission (SEC) announced the publication of its Spring 2025 Unified Agenda of Regulatory and Deregulatory Actions, which sets forth its rulemaking priorities for the next several months.
In a statement, SEC Chairman Paul Atkins noted that the agenda represents the
Continue Reading SEC rulemaking agenda focuses on crypto regulation, facilitating capital formation and easing public company reporting burdens
On August 13, 2025, the US Securities and Exchange Commission (SEC) announced the creation of a Statistics & Data Visualizations page on its website. The page provides statistics on capital formation, market participants, market activity, and investors, aided by interactive charts, tables, and graphs that reveal key US capital markets
Continue Reading New SEC data page reveals 18-percent decline in the number of reporting companies over the last two decades and other key capital market trends
