In a Comment Letter on an MSRB proposal to standardize deadlines on form disclosure requirements in connection with primary offerings, SIFMA urged the MSRB to extend the window for underwriters to file official statements.
News & Insights
The SEC Division of Corporation Finance updated its Compliance and Disclosure Interpretations regarding (i) listing standards related to recovery of erroneously awarded compensation and (ii) disclosure of executive compensation by foreign issuers.
The comment deadline for an FDIC Advance Notice of Proposed Rulemaking soliciting feedback on a proposal to (i) modernize sign and advertising requirements to account for digital banking and (ii) clarify regulations regarding the advertisement of deposit insurance coverage was extended to April 7, 2023.
Comments on a CFPB proposal to establish a public registry designed to collect information about public agency orders and judgments related to violations of the consumer protection laws are due by March 31, 2023.
SEC Commissioner Mark T. Uyeda raised "significant concerns" over the establishment of ESG ratings standards, warning that such standards could give ratings firms too much influence over companies and asset managers who market themselves as ESG compliant.