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Today, the SEC announced that it had issued an order postponing the effective date of the Share Repurchase Disclosure Modernization rule. As a result, the Rule is stayed pending further SEC action.
On November 14, 2023, the U.S. Securities and Exchange Commission (SEC), with two Commissioners dissenting, announced settled charges against Charter Communications Inc. (Charter) for...
May 12, 2023, US Chamber of Commerce filed suit against the SEC in the Fifth Circuit asking for review of the SEC’s order approving the final rule, to prevent the implementation of the rules. The SEC has responded that it will vigorously defend the rule in court.