Court vacates SEC share repurchase disclosure rule

On December 19, an appeals court vacated the SEC's share repurchase disclosure rule. The rule had been adopted by the SEC in May 2023. However, the court concluded in October that the SEC failed to respond to petitioners’ comments and failed to conduct a proper cost-benefit analysis related to the rule. Subsequently, the SEC was unable to correct defects in the rule before a court-imposed deadline. As a result, companies will continue to report share repurchase activity consistent with existing requirements.
Expand Expand

Welcome to Viewpoint, the new platform that replaces Inform. Once you have viewed this piece of content, to ensure you can access the content most relevant to you, please confirm your territory.

signin option menu option suggested option contentmouse option displaycontent option contentpage option relatedlink option prevandafter option trending option searchicon option search option feedback option end slide