MCA: Clarification of Sec. 180 of the Companies Act, 2013Print this
The SEC adopted amendments to certain rules that govern money market funds under the Investment Company Act of 1940, which are designed to improve the resilience and transparency of money market funds. May 19, 2023 SEC proposals address risk management for clearinghouses ...
This will help in preventing the manipulation of financial data and the withholding of crucial information that could impact investors’ decisions. Secondly, the new rule can act as a strong incentive for companies to invest more resources in cybersecurity measures and incident respons...
Instead, the final rule will require companies report Scope 1 and 2 emissions if they're deemed material to investors. These are direct emissions caused by company operations and indirect ones from the purchase of energy (from renewable sources or coal-burning power plants, for example). ...
One rule proposal would amend the “held of record” definition for purposes of the Securities Exchange Act of 1934. The other would modify Regulation D, including the definition of “accredited investor.” SEC officials have not provided recent views on what these rules could look like, ...
The BOl reporting deadline for existing companies is approaching quickly. Existing companies (those formed before January 1, 2024) have less than four months to fulfill their beneficial ownership information (BOl) reporting obligations. Under the Corporate Transparency Act (CTA), millions of… ...
The SEC also requires companies to post the forms on their websites by the end of the next business day after filing them. Section 16 reporting deadlines were accelerated due to provisions of the SOX, the Sarbanes-Oxley Act of 2002. For support and additional information, explore our ...
bankrupting many. Because many had previously provided false or misleading information, public faith in the integrity of the securities markets plunged. To restore investor confidence, Congress passed the Securities Act of 1933, which aimed to ensure more transparency in financial statements...
Soon, Congress passed the Securities Act of 1933 and theSecurities Exchange Act of 1934, which created the SEC. The acts aimed to give investors and markets more reliable information about publicly traded companies and transparent rules to bolster trust in securities trading. President Franklin D. ...
GAAP, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards† provided pursuant to Section 7(a) (2)(B) of the Securities Act † The term “new or revised financial accounting ...