Lorman offers professional resources regarding COVID-19 and the 2020 Elections

Show navigation

Available in:

OnDemand Course

Reporting Impacts and Updated SEC Guidance Due to COVID-19

Gain an understanding on the new SEC guidance due to COVID-19 and how to disclose its effects on your company.

The current pandemic caused by COVID-19 has major implications for public companies under the federal securities laws. These implications include the appropriate disclosures to be made regarding the effect of the virus on company operations, relief provided by the SEC on the timing of required filings such as the Annual Report on Form 10-K and the Quarterly Report on Form 10-Q when a timely filing under current rules cannot be made because of the virus, whether annual or special shareholder meetings should be held, and what types of disclosure and guidance does the SEC staff have for either holding or postponing a public company meeting. These and other issues will be discussed in light of current SEC rules, official SEC pronouncements and SEC staff guidelines as to how a public company may comply with the federal securities laws in unprecedented economic and social conditions.

Learning Objectives

  • You will be able to recognize the Official Commission Statements (March 25, 2020)
  • You will be able to identify what Filings the Relief Covers (and Does Not)
  • You will be able to identify What Conditions the Issuer Must Satisfy to Obtain Relief
  • You will be able to recognize guidance From the Division of Corporation Finance.

Runtime: 105 minutes
Purchase Options

More Program Information

Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Public Company Reporting Duties (in Normal Times)

  • The Securities Act of 1933
  • The Securities Exchange Act of 1934
  • Ongoing Reporting Obligations

The SEC's Response to COVID-19

  • Official Commission Statements (March 25, 2020)
  • Filing Relief Until July 1, 2020
  • What Filings the Relief Covers (and Does Not)
  • What Conditions the Issuer Must Satisfy to Obtain Relief
  • Proxy Solicitations

Guidance From the Division of Corporation Finance

  • Topic No. 9-Practical Disclosure Issues (March 25, 2020)
  • Key Disclosure Areas Due to COVID-19
  • Insider Trading
  • Duty to Correct

33 Act Registration Issues

  • Incorporation by Reference Availability With Delayed Filings
  • Signature Requirements on Filings (Staff Guidance March 24, 2020)

The Impact on Shareholder Meetings

  • In Person vs. Virtual and Hybrid Meetings (to Hold or Not to Hold)
  • Staff Guidance From Division of Corporation Finance (March 13, 2020)
  • Application of Rule 14a-8(h) If Proponent Cannot Attend Meeting

Recent Developments (Since April 6, 2020)

Purchase Options

More Program Information

Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Course

This course was last revised on April 27, 2020.

Call 1-866-352-9540 for further credit information.

  • CPE/NASBA - QAS Self Study 2.8 including Business Law 2.8
     
  • Lorman Education Services is registered with the National Association of State Boards of Accountancy (NASBA) as a QAS Self Study sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: https://www.nasbaregistry.org/cpas/complaints. For more information regarding administrative policies such as complaint and refund, please contact our offices at 866-352-9539. CPE Credit: Maximum Credit Hours: 2.8 each session (based on a 50 minute credit hour). You must attend at least 50 minutes to obtain credit. Field of Study: Business Law for 2.8 hours. Prerequisite: basic knowledge of taxation. Level of Knowledge: Intermediate. Teaching Method: Seminar/Lecture. Advance Preparation: None. Delivery Method: QAS Self Study. Please refer to the information in this advertisement for outline, course content and objectives. Upon completion of this course, you will receive a certificate of attendance. Final approval of a course for CPE credit belongs with each state's regulatory board.
     
Purchase Options

More Program Information

Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Michael D. Waters

Michael D. Waters

Jones Walker LLP

  • Partner in the Birmingham, Alabama office of Jones Walker LLP
  • Practiced in the corporate and securities area, primarily for financial institutions, for more than 35 years, representing banks, bank holding companies, and other financial entities in acquisitions, capital raising transactions, SEC and shareholder issues, new bank formations, and board fiduciary duty issues
  • Advised buyers and sellers in approximately 110 bank mergers and acquisitions, ranging from small community banks to the acquisition of a $34 billion holding company
  • Recognized in Chambers USA, banking and finance annually since 2013
  • Recognized by Alabama Super Lawyers annually since 2008 for work in the banking and securities & corporate finance area
  • Named by Best Lawyers in America annually since 1995 for work in the area of banking and finance law, corporate law, and financial services regulation law
  • J.D. degree, University of Alabama School of Law; M.A. degree, Rhodes Scholar, Oxford University; B.A. degree, Duke University
Purchase Options

More Program Information

Why Lorman?

Over 33 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • Live Webinars
  • OnDemand Webinars
  • MP3 Downloads
  • Course Manuals
  • Audio Recordings*
  • Executive Reports
  • White Papers and Articles
  • Sponsored Live Webinars

Additional benefits include:

  • State Specific Credit Tracker
  • Members Only Newsletter
  • All-Access Pass Course Concierge

* For audio recordings you only pay shipping

Questions? Call 877-296-2169 to speak with a real person.

Sign Up Today
With This Course

Access to all training products for one year
$699/year

Unlimited Lorman Training

With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!

Easy Registrations

Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.

Invest in Yourself

You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.

Product ID: 407735
Published 2020
Purchase Options

Available in Multiple Formats

Purchase this course and learn on your schedule!