Securities Alert – NASDAQ Board Diversity Proposal Approved By the SEC
On August 6, 2021, the SEC approved Nasdaq’s board diversity proposal set forth in Rules 5605(f) and 5606 of the Nasdaq Listing Rules.
GableGotwals Named Tier 1 Firm by IFLR1000
GableGotwals is once again named a Tier 1 firm in Oklahoma for Financial and Corporate. IFLR1000 is a guide to the world’s leading financial and corporate law firms. In 2020, the Firm was recognized as “State of the Year” for Oklahoma.
GableGotwals Named IFLR1000 State of the Year for Oklahoma
GableGotwals was selected by IFLR1000 in its inaugural United States Awards for the state of Oklahoma. Per IFLR, "the awards celebrate the most innovative US deals and the best-performing law firms and lawyers across the states in 2019, and recognize where firms and lawyers performed exceptionally both locally and nationally.
Securities Client Alert – NYSE Approves Amendments to Related Party Transaction Requirements
The SEC approved amendments to the NYSE’s Listed Company Manual, revising the requirements for related party transactions in Section 314.00.
Securities Alert – Rule Changes the SEC is Considering, Including Revisiting Recently Amended Rules
The SEC Chair has identified several areas of focus (10b5-1 plans, climate change, human capital management and cybersecurity risk governance among others), while also asking the SEC staff to revisit a number of recently amended rules (proxy voting advice, the integration framework for exempt offerings, the accredited investor definition and resource extraction rules).
Securities Alert – New Securities Rules Take Effect to Improve Exempt Offerings
Amendments recently took effect to “address gaps and complexities in the exempt offering framework that impede access to capital for issuers and access to investment opportunities for investors.”
Securities Alert – SEC’s Focus on Climate and Other ESG Disclosures
One of the primary focuses of the SEC going forward will be to review climate and other ESG disclosures, develop new guidance and possibly new rules related to these topics, and more aggressively enforce the rules that relate to climate and other ESG topics.
Subscription Escrow Agreement
The Firm represented a bank who agreed to establish escrow accounts and act as escrow agent for an investment firm and its issuer clients in support of securities offerings throughout the country.