SEC Compliance and Disclosure Update

January 26, 2016

Complimentary Webinar Series

McGuireWoods’ SEC practice group for an provided a discussion of securities law developments, as well as guidance on compliance matters.

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Topics

New Resale Exemption, Emerging Growth Company and Disclosure Modifications Under the FAST Act

Seth T. Goldsamt, Partner and David A. Rivard, Associate

Seth and David discussed the securities provisions of the FAST Act, signed into law by the President in December 2015, including Title LXXI (Improving Access to Capital for Emerging Growth Companies), Title LXXII (Disclosure Modernization and Simplification) and Title LXXVI (Reforming Access for Investments in Startup Enterprises aka the private resale exemption).

Conflict Minerals Update

Rakesh Gopalan, Partner

Rakesh Gopalan presented an update on the conflict minerals rule and recent litigation.

Recent Delaware Cases on the Importance of Board Oversight of the M&A Process

Jeffrey L. Rothschild, Partner

Jeff dsicussed the importance of oversight of financial advisors by boards of directors pursuant to Delaware law – Rural/Metro, PLX, Zale and TIBCO.