Jason Comerford Jason Comerford

Give it back! Issues for Canadian companies to consider now in light of pending U.S. compensation clawback rules to become effective later this year

Canadian issuers listed on a U.S. stock exchange must adopt or revise their policies and practices...

Nasdaq’s new progressive board diversity listing requirement

A majority of SEC Commissioners have approved Nasdaq proposals to introduce new board diversity listing requirements, becoming the first regulator in...

U.S. securities law developments in 2020

In 2020, the Securities and Exchange Commission (SEC) continued to focus on streamlining and modernizing disclosure requirements and expanding access...

SEC expands ‘accredited investor’ and ‘qualified institutional buyer’ definitions to broaden investor access to U.S. private placements

The SEC has issued final rules amending the definitions of “accredited investor” in Regulation D under the U.S. Securities Act of 1933 (the U.S....

SEC finalizes amendments to proxy rules applying to proxy advisory firms

The U.S. Securities and Exchange Commission recently issued final amendments to its proxy rules to regulate certain activities of proxy voting advice...

Less is more: SEC works to simplify disclosure and other U.S. developments

In March, the SEC took steps to modernize and simplify the disclosure requirements for registration statements and periodic reports, with new rules...

SEC proposes amendments to proxy rules applying to proxy advisory firms

In November 2019, the U.S. Securities and Exchange Commission (SEC) issued proposed amendments to its proxy rules to regulate certain of the...

“Testing the waters” before a public offering of securities: Navigating the rules, without getting all wet

Since 2012, the traditional rules have been changing. The ability to test the waters before an IPO is now part of the legal landscape in both the...

SEC issues guidance regarding activities of proxy advisory firms

Last week, the SEC issued guidance that voting advice communications from proxy advisory firms are generally solicitations subject to SEC antifraud...