SEC no-action relief

SEC updates guidance regarding exempt offerings

By Ron Llewellyn, Josh Kaufman & Jasmine Judge on March 17, 2025

Posted in Exempt offerings, Securities offerings

On March 12, 2025, the Securities and Exchange Commission (SEC) published updates to its Compliance and Disclosure Interpretations (C&DIs) related to exempt offerings under the Securities Act of 1933 (Securities Act). These changes include new guidance related to determining accredited investor status, clarifications for existing guidance, and the removal of…

Shareholder proposals – the great reset again! (Part 2)

By Sanjay Shirodkar & Jenna Fontenot on March 4, 2025

Posted in Annual meetings, Corporate governance, Proxy solicitations, SEC developments, Shareholder proposals

In our earlier blog post, we discussed Staff Legal Bulletin 14M (SLB 14M), which rescinded prior Staff Legal Bulletin 14L (SLB 14L). The staff of the US Securities and Exchange Commission (SEC) indicated that SLB 14M is intended to clarify the views of the SEC staff (Staff) on the…