On October 10, 2023, the U.S. Securities and Exchange Commission adopted changes to Schedules 13D and 13G relating to beneficial ownership reports (the “Amendments”). The Amendments are intended to modernize the rules governing beneficial ownership reporting and generally shorten the period for initial and amended filings, clarify requirements for derivative securities and criteria for determining
Proposed Changes to Beneficial Ownership Reporting Rules and Impact to Stakeholders
March 11, 2022 Webinar
12:00pm – 1:00pm EST
Register here.
On February 10, 2022, the Securities and Exchange Commission (“SEC”) proposed amendments to the rules governing reporting on Schedules 13D and 13G. These proposed amendments are intended to modernize the rules by, among other things, making information available to the public in a more
SEC Proposes Amendments to Schedules 13D and 13G
On February 10, 2022, the Securities and Exchange Commission (the “SEC”) proposed amendments to Schedules 13D and 13G relating to beneficial ownership reports (the “Proposed Amendments”).
The Proposed Amendments are intended to modernize the rules that govern reporting on Schedules 13D and G by, among other things, making information available to the public in a
SEC Proposes Modernization of Beneficial Ownership Reporting: Amendments to Schedules 13D and 13G
On February 10, 2022, the Securities and Exchange Commission proposed amendments to Schedules 13D and 13G relating to beneficial ownership reports. Section 13D requires disclosure by investors of the accumulation of significant positions in, or of certain increases in such positions in, the equity securities of public companies. Section 13G requires disclosures by certain passive
MB Microtalk: SOFR Floating Rate Notes
In this MB Microtalk video, Mayer Brown counsel Brad Berman discusses Secured Overnight Financing Rate (“SOFR”) Floating Rate Notes. This brief video provides an overview and discusses the development of SOFR as a benchmark.
Visit our MB Microtalk page for more topics and talks.
Introducing Writing on the Wall: a Glossary
We are pleased to announce our latest resource, Writing on the Wall, offering explanations and definitions for over 800 securities, capital markets, derivatives, structured finance and financial services terms and phrases.
Access the glossary at www.writingonthewall.com, or wherever you see our icon, and suggest new terms to be added.
Chair Gensler Congressional Testimony Sheds Light on Potential Regulation
Today, for the first time as Chair of the Securities and Exchange Commission, Gary Gensler appeared before Congress to provide testimony regarding the market disruptions and volatility witnessed in January 2021 relating to GameStop and other securities. Chair Gensler identified seven factors contributing to market volatility: gamification and user experience; payment for order flow; equity
SEC Adopts Modernized Regulatory Framework for Derivatives Use by Registered Funds and Business Development Companies
Today, the Securities and Exchange Commission adopted final rules relating to the use of derivatives by registered investment companies and business development companies.
The use of derivatives by funds has been the subject of consideration for some time now. The current regulatory framework is outdated and depends on an SEC statement from 1979 and various
SEC Open Meeting to Consider Fund Use of Derivatives
The Securities and Exchange Commission announced an open meeting will be held on October 28, 2020 during which the SEC will consider whether to adopt rules and related amendments designed to provide an updated approach to the regulation of funds’ use of derivatives. The notice adds that the amendments the SEC will consider also would
Limited US Tax Guidance for Adding ARRC and ISDA Fallbacks
On Friday, October 9, 2020, the Internal Revenue Service released Revenue Procedure 2020-44 (the “Revenue Procedure”), providing retroactive but limited relief for amending specific types of legacy contracts to add fallback mechanics for the London Interbank Offer Rate or other Interbank Offer Rates. The fallback granted relief by the Revenue Procedure must rather strictly follow