A recent publication by JD Supra examines the evolving landscape of round-the-clock market activity, focusing specifically on guidance provided through Nasdaq’s frequently asked questions alongside…
SEC Proposes Simplified Filer Status Rules and Expanded Disclosure Accommodations
On May 19, 2026, the Securities and Exchange Commission (SEC) proposed amendments to substantially simplify its domestic public company filer status framework and extend existing…
SEC Proposes Transformative Offering Reform: Significant Implications for Operating Companies, Registered Closed-End Funds, BDCs, and Other Products
On May 19, 2026, the Securities and Exchange Commission (SEC) proposed a sweeping set of rule and form amendments intended to modernize and simplify the…
Highlights from American Law Institute’s Accountants’ Liability Conference 2026
The American Law Institute’s annual Accountants’ Liability conference was held on May 14 and 15, 2026, in Washington, D.C. The conference, now in its 36th…
Shelf Improvement: SEC Proposes Sweeping Changes to Ease Public Company Reporting and Capital Raising
On May 19, the Securities and Exchange Commission (SEC) proposed transformative rule changes representing a comprehensive overhaul of the public company reporting and capital formation…
SEC Proposes Sweeping ‘Registered Offering Reform’ to Expand Access to Public Capital Markets
On May 19, 2026, the Securities and Exchange Commission (SEC) proposed a comprehensive package of amendments intended to overhaul the registered offering framework under the…
Southern District of New York Dismisses Fraud Claims Against Auditor Related to de-SPAC Transaction
On March 17, 2026, the US District Court for the Southern District of New York dismissed an action brought against Ernst & Young by shareholders…
SEC Proposes Sweeping Reforms to Public Company Capital Raising and Reporting
On May 19, 2026, the SEC proposed sweeping reforms to the process by which US public companies raise capital in SEC-registered offerings, and to the…
Key Regulatory Updates for Hong Kong Listed Companies – March/April 2026
The updates include the Stock Exchange’s consultation paper on listing framework competitiveness review and HKEX’s consultation on accelerated settlement. Source: Key Regulatory Updates for Hong…
SEC Proposes Sweeping Registered Offering Reform and Filer Status Simplification
On May 19, 2026, the Securities and Exchange Commission issued two companion proposed rulemakings that, if adopted, would represent the most significant overhaul of the…
SEC Proposes Sweeping Changes to the Registered Offering Framework
The SEC today proposed amendments that would represent a sweeping overhaul of the registered offering framework if adopted. The proposed amendments would significantly expand access…
2026 M&A Report
This year’s M&A Report offers a detailed review of the global M&A market, including an analysis of market activity across key geographies and industry sectors.…
SEC Proposes Sweeping Reforms to Registered Offering Process: Expanding Access to the Public Capital Markets for a Broader Range of Issuers
The Securities and Exchange Commission (the “SEC”) has proposed a sweeping package of rule and form amendments under the Securities Act of 1933 (the “Securities…
Making IPOs Great Again: SEC Initiatives to Improve Small Business Capital Formation
Now that the SEC has proposed rulemaking permitting semiannual reporting, companies should consider what changes might be coming as next steps. Semiannual reporting is likely…
Capital Markets Update – May 2026 One-Minute Reads
The Securities and Exchange Commission (SEC) announced enforcement results for its fiscal year ended September 30, 2025, and this addendum of FY 2025 enforcement statistics. …
SPAC Litigation and Economic Damages Theory in the Delaware Courts
The rise of special purpose acquisition companies (SPACs) has led to a surge in shareholder litigation, particularly in the Delaware Court of Chancery. SPACs raise capital to take private companies…
Nasdaq Raises the Bar on SPAC Listing Standards
Nasdaq has significantly raised the financial bar for special purpose acquisition company (SPAC) listings. Effective May 15, the minimum market value listing threshold increases to…
Securities Law Update – May 2025
Welcome to the latest edition of Fenwick’s Securities Law Update. This issue contains updates and important reminders on the following topics… Source: Securities Law Update…
Nasdaq Raises Bar for SPAC IPOs: What Deal Teams Need to Know
Even as the SEC works to ease disclosure requirements for public companies in an effort to “Make IPOs Great Again” – for example, through yesterday’s…
HHS OIG Identifies $2.26 Million in Potentially Improper Medicare Payments for Virtual Check-In and E-Visit Services
On April 23, 2026, the HHS Office of Inspector General (OIG) published a report examining whether CMS is paying providers for virtual check-in and electronic…