Recently, the SEC’s Office of Structured Disclosure warned in this statement that some companies are incorrectly tagging basic and diluted earnings-per-share data in XBRL. Without fixing the tags, apparently the data is useless to end users. Making the fix is
Public Chatter
Public Chatter, published by Perkins Coie LLP, focuses on regulatory and compliance developments affecting public companies, particularly in securities law and corporate governance. The blog covers topics such as SEC rule changes, disclosure requirements including climate-related disclosures and filing fee tables, whistleblower programs, and administrative law impacts on securities enforcement. It also addresses issues related to the Corporate Transparency Act, shareholder proposal rules, and updates on litigation and regulatory enforcement trends. The blog provides insights into how evolving regulations influence corporate reporting, compliance strategies, and investor relations.
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The Latest on Cooperation With the SEC Enforcement Staff
It’s easy not to keep up with the latest pronouncements from the SEC Enforcement Staff about what is appropriate cooperation that earns you points when it comes to negotiating a settlement with the Staff. That’s because you have enough on…
Upcoming Webcast: “Proxy Season Deep Dive – 20 Things”
Join us on Tuesday, June 25th for a webcast – “Proxy Season Deep Dive – 20 Things” – to hear Perkins Coie’s Allison Handy, Kelly Reinholdtsen and Broc Romanek and Proxy Analytics’ Steve Pantina as they cover what happened during…
8 Things to Know Right Now
Here’s our latest edition of our monthly feature – a quick snapshot of recent developments:
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The Corporate Secretary: Being Knowledgeable
Here’s the fourth of the 21 hats that the corporate secretary wears (here’s the blog about the third hat): “The corporate secretary role has evolved dramatically over the past several decades. In the old days, the corporate secretary job was…
Upcoming Webcast: “Proxy Season Deep Dive – 20 Things”
Join us on Tuesday, June 25th for a webcast – “Proxy Season Deep Dive – 20 Things” – to hear Perkins Coie’s Allison Handy, Kelly Reinholdtsen and Broc Romanek and Proxy Analytics’ Steve Pantina as they cover what happened during…
The IASB Giveth, and the SEC Potentially Taketh Away: SEC Staff Addresses Reduced Level of Subsidiary Disclosures for Certain Foreign Private Issuers
Recently, SEC Corp Fin Director Erik Gerding and Chief Accountant Paul Munter took the fairly unusual step by issuing this joint statement about how to apply new IFRS 19 to SEC filings made by certain subsidiaries of foreign private issuers…
States Begin To Regulate AI in Absence of Federal Legislation
Here is the teaser about this Client Update: “Since the European Union seized the early global lead in regulating artificial intelligence, the U.S. Congress has made noise about the need for federal AI legislation, but progress has been slow.…
Corp Fin Director Erik Gerding Issues “Cyber Materiality” Statement
Yesterday, Corp Fin Director Erik Gerding issued a statement to clarify that a company should not file Form 8-K under Item 1.05 in connection with a cybersecurity incident that it has determined is not material or for which it has…
Upcoming Webcast: “Proxy Season Deep Dive – 20 Things”
Join us on Tuesday, June 25th for a webcast – “Proxy Season Deep Dive – 20 Things” – to hear Perkins Coie’s Allison Handy, Kelly Reinholdtsen and Broc Romanek and Proxy Analytics’ Steve Pantina as they cover what happened during…