In this article – “U.S. securities law developments in 2020” – we note that in 2020, the Securities and Exchange Commission (SEC) continued to focus on streamlining and modernizing disclosure requirements and expanding access to capital for smaller businesses. The SEC simplified financial disclosure requirements in merger and acquisition transactions and expanded the categories of investors and intermediaries that are able to participate in private placements. The SEC also revisited some of its proxy rules relating to third-party shareholder communications. In our article, we discuss these U.S. securities law developments to streamline and modernize disclosure requirements.
This article is authored by Rob Lando, partner, and Jason Comerford, partner, and Jie Chai and Kelsey Weiner who are associates in the Corporate Group at Osler.
Legal Year in Review is brought to you by Osler, Hoskin & Harcourt LLP. Osler is a leading, national law firm with a singular focus – your business. We advise clients on an array of domestic and cross-border legal issues, drawing on the expertise of over 400 lawyers to provide the answers you need, when you need them.
Our Legal Year in Review, published December 8, 2020, provides general information only and does not constitute legal or other professional advice. Specific advice should be sought in connection with your circumstances.
For more information about Osler, please visit our website at osler.com. For the full Legal Year in Review publication, please visit www.legalyearinreview.ca.