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Securities and Exchange Commission ‘closely monitoring’ impact of Hurricane Harvey

On August 30, the Securities and Exchange Commission issued a press release stating that it is “closely monitoring” the impact of Hurricane Harvey on investors and markets. The release focuses on issues affecting the maintenance of orderly markets, such as enabling investors to have access to their accounts, and warns that the enforcement division will […]

NYSE seeks delay in rule change on dividend and stock distribution announcements

UPDATE 8/28/17: Last week we reported a New York Stock Exchange rule change requiring companies announcing dividends and stock distributions outside of market hours to give at least 10 minutes’ advance notice to the NYSE prior to any such announcements, including announcements of record dates.  The rule change was to become effective upon SEC approval, […]

Premium processing resumed for certain H-1B petitions

On July 24, 2017, U.S. Citizenship and Immigration Services (USCIS) announced it  will resume premium processing for certain cap-exempt H-1B petitions effective immediately. Previously, on April 3, 2017, USCIS temporarily suspended premium processing for all H-1B petitions. The H-1B visa has an annual cap of 65,000 visas each fiscal year. Additionally, there is an annual […]

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