Regulatory Alerts2024-04-08 | 2024-06187Added
Share Repurchase Disclosure Modernization
The Securities and Exchange Commission adopted technical amendments to various rules and forms under the Securities Exchange Act of 1934 and the Investment Company Act of 1940. These changes reflect a Federal court's vacatur of the Commission's May 2023 rule amendments that modernized disclosure requirements for issuer equity repurchases. The amendments revert the Code of Federal Regulations to the rules and forms existing prior to the vacated Repurchase Rule, which became effective on April 8, 2024.
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