On May 20, 2026, the U.S. Securities and Exchange Commission issued an exemptive order relieving directors and officers of certain foreign private issuers (FPIs) from the Section 16(a) reporting requirements of the Securities Exchange Act of 1934 (Exchange Act). Building
Wilson Sonsini Goodrich & Rosati
Wilson Sonsini Goodrich & Rosati's legacy closely traces the birth and evolution of Silicon Valley.
For nearly six decades, Wilson Sonsini has represented the technology pioneers associated with virtually every milestone innovation.
Today, the firm is synonymous with ushering promising, innovative companies through their business life cycle.
And as our clients have grown, so has our firm. Wilson Sonsini now represents many of the largest companies in the world—and thousands of the smallest ones, too.
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Latest from Wilson Sonsini Goodrich & Rosati - Page 5
SEC Proposes Significant Reforms to Filer Status and Registered Offering Frameworks
On May 19, 2026, the U.S. Securities and Exchange Commission (SEC) proposed two significant rulemakings: 1) Enhancement of Emerging Growth Company Accommodations and Simplification of Filer Status for Reporting Companies (Filer Status Proposal) and 2) Registered Offering Reform (Registered Offering…
Colorado Legislature Repeals and Replaces Colorado AI Act: What SB 189 Means for Your Business
On May 14, 2026, Colorado Governor Jared Polis signed SB 189 into law, which repeals and replaces the Colorado Artificial Intelligence Act (CAIA). SB 189 goes into effect on January 1, 2027.Key Takeaways
- SB 189 pivots away from the CAIA’s
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Consumer Protection Update: Insights into the First Year of the Trump-Vance FTC
In its first year under the Trump-Vance administration, the Federal Trade Commission (FTC) has aggressively enforced consumer protection and privacy laws and initiated new rulemakings. Although the new rulemaking activity is somewhat surprising in a Republican administration, the FTC has…
EU AI Act Undergoes Significant Changes
On May 7, 2026, EU legislators reached a political agreement to amend the EU Artificial Intelligence Act (AI Act), with significant implications for AI companies operating in the EU. The most important changes are:
- delaying the application of the AI
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Recent AI Regulatory Developments in the United States
While the EU Artificial Intelligence (AI) Act has set forth a relatively uniform framework for AI regulation in the EU, U.S. AI regulation has so far primarily consisted of a patchwork of state laws—which continue to evolve at a rapid…
SEC Issues Semiannual Reporting Proposal
On May 5, 2026, the U.S. Securities and Exchange Commission (SEC) announced that it issued proposed rule and form amendments that would give public companies the option to move away from quarterly reporting toward a semiannual reporting model. The following…
What’s Next for Age Assurance Laws in Europe?
Developments in law, regulatory guidance, and enforcement practice across Europe are leading to meaningful changes in how online services are offered to minors. A steady stream of announcements in recent months makes clear that this area will continue to develop…
Climate-Related Disclosure Rules Update: SEC Submits Rescission Proposal to OIRA for Review
On May 4, 2026, the U.S. Securities and Exchange Commission (SEC) submitted a proposed rulemaking titled Rescission of Climate‑Related Disclosure Rules to the Office of Information and Regulatory Affairs (OIRA) for review. This submission marks the first formal step toward…
SEC Permits Accelerated Offering Period for Certain Tender Offers
Our recent Client Alert discusses the Exemptive Order issued by the Division of Corporation Finance of the Securities and Exchange Commission on April 16, 2026, which provides flexibility to shorten the minimum offering period for certain types of equity tender…