Originally posted March 31, 2020. Last updated September 30, 2020.
In response to the novel coronavirus (COVID-19) pandemic, the Securities and Exchange Commission and its Staff have provided temporary regulatory relief and guidance to assist a variety of market participants. This document summarizes the SEC’s actions that affect public companies, registered investment companies and registered investment advisors. The SEC Staff is monitoring developments closely and will consider additional relief and guidance from other regulatory requirements for those affected by the coronavirus as conditions warrant. We will update this summary as the SEC takes additional actions.
The guide linked below should not be viewed as reflective of the SEC’s entire response to the crisis, and we anticipate significant changes in the coming weeks and months as the situation evolves. Moreover, the SEC has encouraged registrants or other persons in need of additional assistance to contact the Staff to discuss their individual facts and circumstances.
If you have questions about the SEC’s actions, or if you have other concerns that the SEC and the Staff have not addressed, please contact a member of the Proskauer Coronavirus Response Team or any of the lawyers listed here.
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Proskauer’s cross-disciplinary, cross-jurisdictional Coronavirus Response Team is focused on supporting and addressing client concerns. Visit our Coronavirus Resource Center for guidance on risk management measures, practical steps businesses can take and resources to help manage ongoing operations.