On May 30, the Division of Corporation Finance of the Securities and Exchange Commission issued responses to frequently asked questions regarding the disclosure of conflict mineral usage and payments by resource extraction issuers that is required by rules adopted pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act (including certain disclosure on new Form SD).
Continue Reading SEC Issues FAQs on Conflict Minerals and Payments by Resource Extraction Issuers

On November 9, the Securities and Exchange Commission approved new rules proposed by the New York Stock Exchange LLC, NYSE Amex LLC and the NASDAQ Stock Market LLC that toughen the listing standards for issuers that become public through reverse mergers. A reverse merger is a transaction in which an unlisted private operating company becomes public via a merger with a publicly traded shell company, which is generally a company with no material business operations.
Continue Reading SEC Approves New Exchange Rules to Toughen Listing Standards for Reverse Merger Companies