Industry groups, regulators and elected officials submitted feedback on the SEC's proposed disclosure requirements regarding cybersecurity risk management, governance, strategy and incident reporting by public companies.
In a paper exploring the accounting implications of investments in digital assets, ISDA described challenges in accounting and reporting for digital assets under U.S. GAAP.
SEC Chair Gary Gensler said that in order to facilitate growth of U.S. capital markets, the SEC is focused on improving efficiency, updating disclosures and maintaining market resiliency.
The SEC granted no-action relief to an actively managed ETF from SEA Rule 14e-5 (“Prohibiting Purchases Outside of a Tender Offer”), subject to certain specified conditions.
The SEC extended the comment periods for recently proposed rulemakings relating to climate disclosure, private fund advisers and exchange registration.
In remarks at the SEC's Small Business Capital Formation Advisory Committee Meeting, Chair Gary Gensler and Commissioner Hester M. Peirce offered opposing viewpoints on the agency's current approach to disclosure regulation.
The SEC staff from the Division of Corporate Finance provided no-action relief to a Canadian corporation and allowed it to conduct a tender offer in the United States in accordance with Canadian law.
The SEC Division of Corporation Finance provided guidance in the form of a "sample letter" to companies obligated to disclose the impacts that Russia's invasion of Ukraine "have had or may have on their business."
