The SEC recently provided a cross-Divisional update regarding its targeted regulatory relief related to the COVID-19 pandemic, and whether such relief would be continued. Most notably, per this update, the SEC’s extended filing deadlines for quarterly and annual reports will not continue. However, a variety of other targeted regulatory relief continues in place, for example:
- The temporary final rules that expedited the offering process for securities offerings initiated under Regulation Crowdfunding through August 31, 2020
- The staff guidance related to other-than-in-person shareholder meetings
- The conditional relief from the requirement to furnish proxy soliciting materials
- The ability to submit certain filings via email in lieu of mailing or delivering the paper documents to the SEC
- The staff accommodation regarding the creation and retention of manual signatures in electronically filed documents