Regulatory Alerts2020-03-21
SEC Circular on Coronavirus (COVID-19)
The Securities and Exchange Commission (SEC) issued this circular requiring licensed market operators to enforce public health directives, provide protective equipment, and implement social distancing across all business settings. Operators must deploy disaster recovery plans, enable remote work and electronic payments, schedule annual general meetings according to public gathering limits, and file all statutory returns online via designated departmental email addresses. Investors are urged to adhere to contract-stipulated redemption requests and utilize suspended complaint hearings, toll-free numbers, or online channels for redress while statutory filings transition to a fully digital process.
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