Company leaders have a number of financial and administrative responsibilities, and escheatment often gets overlooked. It’s not as frequently discussed as tax or compliance matters, but failing to understand and act upon it can lead to significant consequences. As business operations become more intricate and as shareholders expand in numbers, understanding escheatment and the rules
The financial responsibilities of issuers don’t end once they distribute payments to their shareholders. Escheatment laws are commonly overlooked but critically important. This process, which dictates the transfer of unclaimed property to the state after a certain period of inactivity, raises a pertinent question: Are all shareholder payments subject to escheatment? The answer isn’t a
Escheatment is frequently overlooked but incredibly important in the financial world, including for issuers. Escheatment refers to the legal process where unclaimed property or assets revert to the state after a certain period of inactivity. This process becomes crucial for issuers as they often deal with assets in the form of stocks, bonds, or other
The Securities and Exchange Commission (SEC) has recently approved amendments to the exemption from national securities association membership requirements. These changes aim to streamline the regulatory framework and provide relief to certain categories of broker-dealers. In this article, we will delve into the details of these amendments and their implications for the securities industry. Understanding
The Securities and Exchange Commission (SEC) has taken significant steps to enhance the regulation of private fund advisers. With the adoption of new rules and amendments, the SEC aims to strengthen investor protection and promote transparency in the private fund industry. In this article, we will explore the key aspects of these regulatory enhancements and
When dealing with the requirements of the Securities Exchange Act of 1933, it’s vital to understand the definition of an affiliate. We’ll look at what an affiliate is, as provided by the SEC under this act, and cover what you need to know. Specifically, in this article, we will consider what an affiliate is within
The IPO and financing transactions listing for the month of August 2023 can be found below. These transactions were filed to the SEC as S-1, F-1, and 1-A filings. The Form S-1 is the initial registration statement filing used by domestic companies to go public. The Form F-1 is a registration statement used by foreign
The IPO and financing transactions listing for the month of July 2023 can be found below. These transactions were filed to the SEC as S-1, F-1, and 1-A filings. The Form S-1 is the initial registration statement filing used by domestic companies to go public. The Form F-1 is a registration statement used by foreign
The Securities and Exchange Commission (SEC) has taken a significant step forward in enhancing cybersecurity measures for public companies. With the adoption of new rules, the SEC aims to strengthen cybersecurity risk management, strategy, governance, and incident disclosure practices. This article provides a comprehensive overview of the SEC’s latest initiatives to safeguard public companies and
The landscape of shareholder meetings and corporate governance is evolving rapidly, driven by an ongoing political debate in Washington. At the heart of the debate are the differing views on Environmental, Social, and Governance (ESG) principles, shareholder activism, and the role of proxy advisory firms. House Republicans Introduce New Bills and Hearings on Shareholder Meetings