Practice Mobile Menu Trigger Overview Experience Team Insights Subscribe to insights January 28, 2010 Client Update SEC Removes Roadblocks to Use of Non-GAAP Measures in Filings New SEC staff guidance published this month indicates a more nuanced and sophisticated view of non-GAAP measures than has ... January 13, 2010 Client Update SEC Issues No-Action Letter Permitting Reliance Upon Section 3(a)(9) in Exchanges of Securities with Upstream Guarantees Today, the staff of the Division of Corporation Finance (the “Staff”) of the Securities and Exchange Commission issued... December 22, 2009 Client Update SEC Proposes New Rule to Allow Pre-Filing Offerings by Underwriters, Potentially Paving the Way for More Pre-Marketed Transactions Yesterday, the SEC issued a proposal that would amend Rule 163 of the Securities Act to allow underwriters or dealers, act... December 2, 2009 Client Update NYSE Corporate Governance Rule Changes to Take Effect January 1, 2010 The SEC has approved, in their entirety, the changes to the NYSE’s corporate governance rules proposed by the NYSE last ... December 2, 2009 Client Update United States Supreme Court to Hear Case Concerning the Extraterritorial Application of U.S. Securities Laws—Morrison v. National Australia Bank In recent years, securities fraud lawsuits in the United States have increasingly been brought against nonU.S. companies. ... November 16, 2009 Client Update Abuse of Non-GAAP Measures: SEC Brings First Regulation G Enforcement Action Last Thursday, the SEC announced settled charges against SafeNet, Inc. and certain of its former officers and employees in... October 29, 2009 Client Update Competing Over-the-Counter Derivatives Bills Progress Through the House Two competing bills to reform the over-the-counter (“OTC”) derivatives markets are awaiting action by the House of Rep... October 28, 2009 Client Update SEC Revises Position on Exclusion of Shareholder Proposals Related to Risk and CEO Succession The SEC staff has issued Staff Legal Bulletin No. 14E which revises its historical positions on the exclusion under Rule 1... October 15, 2009 Client Update Governance Practices for IPO Companies: A Davis Polk Survey - October 2009 The U.S. IPO market, which has been in the doldrums since 2007, has recently been showing signs of life. We have recently ... October 1, 2009 Client Update Rule 12g3-2(b): The Foreign Private Issuer Exemption Rule 12g3-2(b) under the US Securities Exchange Act of 1934, as amended exempts a foreign private issuer from having to re... Load More
January 28, 2010 Client Update SEC Removes Roadblocks to Use of Non-GAAP Measures in Filings New SEC staff guidance published this month indicates a more nuanced and sophisticated view of non-GAAP measures than has ...
January 13, 2010 Client Update SEC Issues No-Action Letter Permitting Reliance Upon Section 3(a)(9) in Exchanges of Securities with Upstream Guarantees Today, the staff of the Division of Corporation Finance (the “Staff”) of the Securities and Exchange Commission issued...
December 22, 2009 Client Update SEC Proposes New Rule to Allow Pre-Filing Offerings by Underwriters, Potentially Paving the Way for More Pre-Marketed Transactions Yesterday, the SEC issued a proposal that would amend Rule 163 of the Securities Act to allow underwriters or dealers, act...
December 2, 2009 Client Update NYSE Corporate Governance Rule Changes to Take Effect January 1, 2010 The SEC has approved, in their entirety, the changes to the NYSE’s corporate governance rules proposed by the NYSE last ...
December 2, 2009 Client Update United States Supreme Court to Hear Case Concerning the Extraterritorial Application of U.S. Securities Laws—Morrison v. National Australia Bank In recent years, securities fraud lawsuits in the United States have increasingly been brought against nonU.S. companies. ...
November 16, 2009 Client Update Abuse of Non-GAAP Measures: SEC Brings First Regulation G Enforcement Action Last Thursday, the SEC announced settled charges against SafeNet, Inc. and certain of its former officers and employees in...
October 29, 2009 Client Update Competing Over-the-Counter Derivatives Bills Progress Through the House Two competing bills to reform the over-the-counter (“OTC”) derivatives markets are awaiting action by the House of Rep...
October 28, 2009 Client Update SEC Revises Position on Exclusion of Shareholder Proposals Related to Risk and CEO Succession The SEC staff has issued Staff Legal Bulletin No. 14E which revises its historical positions on the exclusion under Rule 1...
October 15, 2009 Client Update Governance Practices for IPO Companies: A Davis Polk Survey - October 2009 The U.S. IPO market, which has been in the doldrums since 2007, has recently been showing signs of life. We have recently ...
October 1, 2009 Client Update Rule 12g3-2(b): The Foreign Private Issuer Exemption Rule 12g3-2(b) under the US Securities Exchange Act of 1934, as amended exempts a foreign private issuer from having to re...