The Securities and Exchange Commission will hold an open meeting on May 3, 2023 at 10 a.m., which will be available to via webcast, the link will be posted shortly before the start of the meeting on the SEC website.

The Division of Corporation Finance will present on share repurchase disclosure modernization. The Commission will consider whether to adopt rule amendments that modernize and improve disclosure about repurchases of an issuer’s registered equity securities. 

See our client alert “SEC Proposes New Rules on Share Repurchase Disclosure” and blog posts, “SEC Reopens Share Repurchase Disclosure Modernization Comment Period,” and “MB Microtalk: Rule 10b5-1 and Share Repurchase Disclosure,” on the proposed amendments.

The Division of Investment Management will present on Enhancing Private Fund Reporting.  The Commission will again consider, as it did in its open meeting in March, whether to adopt amendments to Form PF, the confidential reporting form. The amendments would require current reporting for certain private fund advisors and revisions to other reporting requirements.

The full meeting agenda can be found here.