SEC Division of Corporation Finance Provides Relief from Submitting Form 144 via Mail

The SEC Division of Corporation Finance provided temporary relief from submitting SEC Form 144 ("Notice of Proposed Sale of Securities") via mail due to challenges presented by COVID-19.

In a statement, staff said the Division would not recommend enforcement action to the SEC if a filer could not submit Form 144 by mail, if the filer agrees to instead submit the form via email as a PDF attachment.

In addition, Division staff stated that, if a filer or submitter cannot obtain a manual signature on a Form 144, then the filer or submitter may instead submit the typed form of a signature in lieu of the manual signature, provided that certain conditions are met.

The relief will be valid from April 10, 2020 until June 30, 2020.