Page 4 - Liability Risk News Today : Breaking News, Live Updates & Top Stories | Vimarsana

To embed, copy and paste the code into your website or blog: In prepared remarks on June 23, 2021, Chair Gary Gensler of the Securities and Exchange Commission (SEC) provided additional insight into the commission’s recently announced regulatory agenda and its shift in priorities. His statement and the agenda show that new public company disclosures will be at the forefront of upcoming and pending rulemakings. In response to the regulatory agenda, the two Republican commissioners, Hester Peirce and Elad Roisman, issued a joint statement voicing concerns about efforts to undo certain recentl...

SPACs remain on everyone’s mind, especially the country’s chief regulator. On May 26, 2021, SEC Chair Gary Gensler testified before the U.S. House Subcommittee on Financial Services...

Gary Gensler of the SEC remarked that capital markets are witnessing an unprecedented surge in non-traditional IPOs by special purpose acquisition companies, or SPACs. The SEC has already received 700 S-1 filings in 2021, compared to 13 such filings in all of 2016.

The SEC is starting to take an interest in these companies as they gain in popularity.

Singapore Extension of temporary legislative relief for conduct of general meetings via electronic means beyond 30 June 2021 – On 6 April 2021, the Ministry of Law (“MinLaw”) announced the extension of temporary legislative relief, which allows entities to conduct general meetings via electronic means, beyond 30 June 2021. Such legislation allows entities to hold general meetings via electronic means amid the COVID-19 situation, and will continue to be in force until revoked or amended by MinLaw (Media release; 7 April). Thailand Thai SEC  amends requirements on approval of auditors ...