The SEC adopted proposed amendments "with several modifications" in order to enhance the reporting and disclosure of information by investment advisers.
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The SEC requested comments on certain disclosure requirements in Regulation S-K that relate to management, certain securityholders and corporate governance matters.
The SEC Division of Corporation Finance granted exemptive relief to a Chilean power corporation allowing it to conduct a tender offer with an arrangement to purchase shares subject to the requirements of local law.
The FDIC corrected a final rule regarding the removal of certain regulations on Fair Credit Reporting, for which responsibility was transferred to the Consumer Financial Protection Bureau.
The SEC Division of Corporation Finance granted relief to an investment management company from being considered an "ineligible issuer" under Securities Act Rule 405.