Capital Markets & Securities Law Watch

The Northwestern Pritzker School of Law hosted its 51^stannual Securities Regulation Institute from January 22, 2024 to January 24, 2024 in Coronado, California. Various practitioners and professionals from the U.S. Securities and Exchange Commission (SEC), law firms, academic institutions, accounting firms and SEC reporting companies participated in the conference. Winston & Strawn LLP was a sponsor of the event. Below is a summary of key takeaways from the conference.

On September 9, 2021, the Investor Advisory Committee (IAC) of the Securities and Exchange Commission (SEC) unanimously approved in an open meeting the IAC’s recommendation that the SEC regulate special purpose acquisition companies (SPACs) “more intensely by exercising enhanced focus and stricter enforcement of existing disclosure rules.” 

On May 21, 2020, the Securities and Exchange Commission (SEC) voted to amend the requirements for public company disclosure of financial information related to significant acquisitions and divestitures of business. This marks the SEC’s latest action to improve both the substance and preparation of M&A-related financial disclosure.