On July 16, 2026, the U.S. Securities and Exchange Commission (the SEC or the Commission) proposed Regulation E-Delivery (Reg E-Delivery), a new framework that would permit issuers and market intermediaries to deliver required disclosures and reports electronically as the default method, without first obtaining a recipient’s affirmative consent. The proposal would generally supersede the Commission’s decades-old, guidance-based “opt-in” approach to electronic delivery with a codified rule set (proposed 17 CFR 303.100 through 303.104), and would make conforming amendments to the proxy rules (Regulations 14A and 14C), the third-party tender offer rules (Rule 14d-5), and the registered fund shareholder report rule (Rule 30e-3, which would be rescinded). Comments are due 60 days after publication in the Federal Register.

Continue Reading SEC Proposes Regulation E-Delivery: What This Could Mean for Delivery of Your Proxy Materials

In remarks delivered on May 26, 2026, at the Stanford Rock Center for Corporate Governance, U.S. Securities and Exchange Commission (Commission or SEC) Chairman Paul S. Atkins expressly invited public input on how the Commission should improve and modernize the IPO process. The remarks indicate that the Commission is prepared to consider whether long-standing rules governing offering communications, routes to the public markets, and disclosure obligations continue to serve capital formation efficiently in the current market environment.

Continue Reading SEC Chairman Invites Comment on Modernizing the IPO Process

On May 29, 2026, the U.S. Securities and Exchange Commission issued a proposal to rescind, in its entirety, the climate disclosure rules it adopted in March 2024.[1] While the Commission’s proposal contemplates complete rescission of the climate disclosure rules, it also solicits comment on potential alternatives short of full

Continue Reading SEC Proposes to Rescind Climate Disclosure Rules

On May 20, 2026, the U.S. Securities and Exchange Commission issued an exemptive order relieving directors and officers of certain foreign private issuers (FPIs) from the Section 16(a) reporting requirements of the Securities Exchange Act of 1934 (Exchange Act). Building on its March 5, 2026 exemptive order, the Commission

Continue Reading SEC Adds New Jurisdictions to FPI Section 16(a) Relief: Australia, India, and Singapore

On May 19, 2026, the U.S. Securities and Exchange Commission (SEC) proposed two significant rulemakings: 1) Enhancement of Emerging Growth Company Accommodations and Simplification of Filer Status for Reporting Companies (Filer Status Proposal) and 2) Registered Offering Reform (Registered Offering Reform Proposal). The following is a brief summary of each

Continue Reading SEC Proposes Significant Reforms to Filer Status and Registered Offering Frameworks

On May 4, 2026, the U.S. Securities and Exchange Commission (SEC) submitted a proposed rulemaking titled Rescission of Climate‑Related Disclosure Rules to the Office of Information and Regulatory Affairs (OIRA) for review. This submission marks the first formal step toward potential rescission, through notice-and-comment rulemaking, of the SEC’s climate‑related disclosure

Continue Reading Climate-Related Disclosure Rules Update: SEC Submits Rescission Proposal to OIRA for Review

On March 19, 2026, the SEC’s Division of Corporation Finance issued new Corporation Finance Interpretation 116.26, providing guidance for issuers conducting at-the-market offerings (ATMs) under Form S-3. The interpretation addresses the scenario where a company launches an ATM while eligible to conduct a primary offering on Form S-3, but

Continue Reading New SEC Staff Guidance Brings Welcome Certainty to ATM Offerings

On Friday, March 13, 2026, the SEC staff granted no-action relief to directors and officers of any foreign private issuer with a class of equity securities registered under Exchange Act Section 12 that is organized and headquartered in Israel or any other foreign jurisdiction in the geographical region directly affected

Continue Reading SEC Gives Enforcement Relief to Section 16 Persons of Foreign Private Issuers in War-Affected Middle East