On May 25, 2023, the U.S. Securities and Exchange Commission’s Division of Corporation Finance (Corp Fin) issued three new Compliance and Disclosure Interpretations (CDIs) relating to Rule 10b5-1 and related disclosure requirements. The first two CDIs provide clarification on the transition timing for compliance with the new quarterly and annual

Continue Reading Corp Fin Issues Three New CDIs on Rule 10b5-1 Amendments and Related Disclosure Requirements

Wilson Sonsini is proud to support the 28th Annual Stanford Directors’ College, which will take place from Monday, June 26, to Wednesday, June, 28, 2023, at Stanford Law School. This conference is the nation’s premier executive education program for directors and C-level executives of publicly traded firms. The program

Continue Reading Event Alert: 28th Annual Stanford Directors’ College

In our recent Client Alert, we discuss the updates made to the Non-GAAP Financial Measures Compliance and Disclosure Interpretations issued by the staff (Staff) of the Division of Corporation Finance of the U.S. Securities and Exchange on December 13, 2022. The updates, including additional commentary and examples in existing

Continue Reading SEC Provides Important Updates to Non-GAAP Disclosure Guidance