COVID-19 Update: SEC and Nasdaq Response and Updated SEC C&DIs

Summary

This First Analysis article summarizes the most recent guidance and accommodations by the Securities and Exchange Commission (SEC) and the national stock exchanges as they continue to monitor the impact of the COVID-19 outbreak and related mitigation efforts on reporting companies, investors and global capital markets. In recognition of the difficulties issuers may encounter in meeting certain of their disclosure and listing requirements as a result of the global market and economic disruptions caused by the spread of COVID-19, the SEC and the stock exchanges have published guidance or temporarily waived or suspended certain of their rules to assist companies in remaining compliant during these challenging times.