July 2021

The SPAC Train Rolls On

This article was featured in Lawyers Weekly on July 15, 2021.Over the past year, the Securities and Exchange Commission issued a series of announcements seemingly designed to cool down the red-hot market for special purpose acquisition companies, or SPAC…

May 2021

SPACs Meet SEC Headwinds

Amidst the ongoing surge in the number of special purpose acquisition companies (“SPACs”) undertaking initial public offerings of securities and the SPACs’ related business combinations with private targets (commonly referred to as “de-SPAC transac…

April 2021

Diversity, Equity and Inclusion in the Board Room: Nasdaq’s Proposed Board Diversity Requirements

Building on the momentum surrounding diversity and inclusion initiatives that have been evident throughout 2020, in December, Nasdaq submitted a proposal (the “Proposal”) to the Securities and Exchange Commission (“SEC”) that would require most lis…

December 2020

Nasdaq Proposes Board Diversity Requirements

This publication was updated and featured in USLAW on March 17, 2021. Click here to view the PDF.Earlier this month, Nasdaq submitted a proposal (the “Proposal”) to the Securities and Exchange Commission (“SEC”) that would require listed companies …

SEC Issues Proposed Amendments Re: Compensatory Offerings (Rule 701 and Form S-8)

On November 24, 2020, the Securities and Exchange Commission (“SEC”) issued two proposed rules relating to compensatory offerings under Rule 701 and Form S-8. The SEC has based its proposed changes in large part on a concept release on this topic, orig…

October 2020

SEC Revises Exchange Act Rule 15c2-11; Key Changes to Retail Investor Protections and Quotations for Over-the-Counter Securities

On September 16, 2020, the Securities and Exchange Commission (“SEC”) adopted amendments to Rule 15c2-11 (the “Rule”) under the Securities Exchange Act of 1934 (the “Exchange Act”), an important component of the over-the-counter (“OTC”) reg…