On September 6, the SEC announced a change in its process for responding to no-action requests regarding shareholder proposals. In the past, a company seeking to exclude a shareholder proposal could submit a no-action request stating the basis for exclusion, and the SEC would respond in writing indicating whether or not it agreed with the […]
A busy week for the SEC and the Business Roundtable
The week of August 19 was a very busy one on two fronts. First, on August 19, the Business Roundtable issued a Statement on the Purpose of the Corporation, signed by the CEOs of 181 major American companies, saying that the purpose of the corporation is to act in the interests of all its stakeholders, […]
SEC proposes significant changes to disclosure rules
On August 8, the SEC proposed amendments to some key items of Regulation S-K that could dramatically change the disclosure landscape.
SEC staff issues statement on LIBOR transition
Gunster’s securities and corporate governance team weighs in on the SEC updates regarding the LIBOR transition.
EPA issues Affordable Clean Energy rule
Gunster attorney Greg Munson weighs in on the Environmental Protection Agency’s new Affordable Clean Energy (“ACE”) rule.
HB 7103: Florida’s 2019 community planning and growth management bill
The passing of HB 7103 represents the most sweeping change to growth management and community planning law in the legislative session.
SEC proposes changes to “accelerated filer” and “large accelerated filer” definitions to reduce burdens for some “lower-revenue” companies
If the amendments are adopted, companies that qualify for “smaller reporting company” status with less than $100 million in revenues in the most recent fiscal year would be excluded from the definitions.
SEC proposes streamlined, improved financial disclosures in M&A transactions
On May 3, the SEC proposed rule amendments to improve and simplify financial disclosures relating to acquisitions and dispositions of businesses.
2019 legislative session overview
Gunster’s government affairs law & lobbying team provides a summary of the 60 day Florida Legislative Session that wrapped up on Saturday, May 4, 2019.
Health care legislative update
Gunster’s health care law practice provides an update on the recent health care related bills passed by the Florida Legislature.