To help filers avoid missing deadlines and reduce online traffic around crucial filing dates, the SEC releases a filing schedule detailing when it expects to receive the highest volume of EDGAR filings. The 2023 schedule is now available from the SEC. Continue reading "SEC Releases 2023 Peak Filing Volume Dates for..." »

The SEC recently adopted amendments that will require an exchange-listed issuer to adopt a compensation recovery policy required by Rule 10D-1 of the Securities Exchange Act. The issuer must also disclose information about the application of its Rule 10D-1 compensation recovery policy and any recovery pursuant to such policy. This disclosure must be submitted in Inline XBRL. Continue reading "SEC Releases New Draft ECD Taxonomy and Guide" »

On October 26th, the SEC proposed a new rule and associated amendments under the Investment Advisers Act of 1940 that would prohibit registered investment advisers from outsourcing certain services and functions unless that investment adviser has performed the necessary due diligence. In addition, investment advisers who choose to outsource these services must monitor the service providers. Continue reading "SEC Proposes Oversight Rules for Some..." »

The SEC has adopted rules to require securities exchanges to implement new compensation recovery listing standards. These standards will require issuers who list securities on these exchanges to develop and implement a policy providing for the recovery of erroneously awarded incentive-based compensation received by current or former executive officers. The policy would be filed as an exhibit to the listed issuer’s annual report. In addition. the listed issuer must include disclosures related to its recovery policy and provide recovery analysis when a recovery is triggered. Continue reading "SEC Adopts Compensation Recovery Listing..." »