NCUA Issues Final Rule on Subordinated Debt
On December 17, 2020, the NCUA adopted a final rule expanding access to subordinated debt and modifying the NCUA’s existing secondary capital rules for low-income designated credit unions.
Read More...ALERT – SEC Adopts Changes to MD&A and Financial Disclosure Rules
To our clients and friends:
The SEC recently adopted amendments to modernize, simplify and enhance certain financial disclosure provisions, including the MD&A section. Our Alert regarding the changes is available here.
Read More...ALERT – SEC Adopts Amendment to Shareholder Proposal Rule
To our clients and friends:
The SEC recently adopted changes to its shareholder proposal rule. Our Alert regarding the changes is available here.
Read More...SEC Updates Guide 3 Statistical Disclosure Requirements
The Securities and Exchange Commission recently adopted new rules to update its statistical disclosure requirements for banking registrants, including domestic and foreign bank holding companies, banks, savings and loan holding companies, and savings and loan associations. The rules are contained in a new Item 1400 of Regulation S-K and will replace Industry Guide 3, Statistical Disclosure by Bank Holding Companies. These changes represent the first updates to Guide 3 in more than 30 years. Our Alert regarding this release is available here.
Read More...SEC Adopts Changes to Its Disclosure Requirements for Periodic Reports and Registration Statements
To our clients and friends:
The SEC recently issued a release revising certain disclosure requirements for periodic reports and registration statements filed with the SEC. Our Alert regarding this release is available here.
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