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SEC Issues CFI (Formerly C&DI) Providing Relief to Companies Raising Capital Through ATM Programs Following “Baby Shelf” Transition  

On March 19, 2026, the Securities and Exchange Commission’s (“SEC”) Division of Corporation Finance issued a new Corporation Finance Interpretation (or “CFI,” formerly…

Capital Markets

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SEC No-Action Letter Offers Path to Increased Voting Among Retail Shareholders

On September 15, 2025, the Securities and Exchange Commission’s (the “SEC’s”) Division of Corporation Finance issued a no-action response letter to Exxon…

Capital Markets

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Amendment of Section 220 of the Delaware General Corporate Law

On March 25, 2025, Delaware enacted an amendment (the “Amendment”) to Section 220 of the Delaware General Corporation…

Capital Markets

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Enhanced Accommodations for Issuers Submitting Draft Registration Statements

On March 3, 2025, the Securities and Exchange Commission’s (the “SEC’s”) Division of Corporation Finance announced that it is expanding the accommodations…

Capital Markets

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FinCEN Issues Revised Corporate Transparency Act Rule; Domestic Companies Exempt

On March 21, 2025, the Financial Crimes Enforcement Network (“FinCEN”) issued an interim final rule under the Corporate Transparency Act. The…

Banking & Financial Institutions Capital Markets

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Treasury Department Suspends Enforcement of Corporate Transparency Act for U.S. Citizens and Domestic Reporting Companies

On February 27, 2025, the Financial Crimes Enforcement Network (“FinCEN”) announced that it would not issue any fines…

Banking & Financial Institutions Capital Markets

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Corporate Transparency Act Back in Effect

Enforcement of the Corporate Transparency Act (the “CTA”) had been on hold as a result of an injunction issued by a federal…

Banking & Financial Institutions Capital Markets

Insights

EDGAR Next: Questions and Answers

This year, the Securities and Exchange Commission (the “SEC”) is rolling out significant technical changes to its electronic filing system, EDGAR (which…

Capital Markets

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Corporate Transparency Act Remains Blocked Despite Supreme Court Order

Enforcement of the Corporate Transparency Act (the “CTA”) had been on hold since a December 26, 2024 ruling from the United States…

Banking & Financial Institutions Capital Markets

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Corporate Transparency Act Blocked Again

On December 26, 2024, a merits panel of the United States Court of Appeals for the Fifth Circuit blocked enforcement of…

Banking & Financial Institutions Capital Markets