SEC Developments Self-Study Webinar

To equip CPAs and other finance professionals with an understanding of recent SEC developments so they can better navigate compliance requirements, respond to regulatory guidance, and support effective corporate reporting and governance.

DETAILED LEARNING OBJECTIVES

• Identify the SEC's current regulatory priorities and areas of increased focus

• Understand the requirements and impact of the Universal Proxy Rule in contested elections

• Recognize the purpose and scope of the SEC’s clawback rule for incentive-based compensation

• Explain changes to the SEC Reg-Flex Agenda and the shift away from certain ESG-related rulemaking

• Describe the purpose of the SEC’s executive compensation disclosure roundtable

• Identify the current legal and regulatory status of the SEC Climate Disclosure Rules

• Apply SEC staff guidance related to effective risk disclosures and avoidance of boilerplate language

• Recognize emerging risk areas requiring enhanced SEC disclosure focus, including artificial intelligence

• Understand SEC concerns related to statement of cash flows classification and internal controls

• Describe the objectives of the SEC’s Crypto Task Force and regulatory framework efforts

• Understand the impact of Staff Accounting Bulletin No. 122 on crypto asset safeguarding accounting

• Identify SEC staff views on meme coins and their treatment under federal securities law

• Recognize new compliance conditions for Rule 10b5-1 insider trading plans

• Understand new disclosure requirements related to insider trading policies and procedures

• Identify the types of restatements that trigger compensation recovery under clawback rules

• Understand scaled Pay vs. Performance disclosure requirements for Smaller Reporting Companies

• Recognize areas of SEC enforcement focus related to executive perquisites

• Apply SEC guidance on materiality assessments incorporating both quantitative and qualitative factors

• General update on the SEC
• Status of SEC rulemaking
• Climate disclosure rules
• Delaware law developments:
  – Bylaw challenges
  – Officer exculpation update
  – Corporate law amendments
• Staff guidance on:
  – Nonpublic review of draft registration statements
  – Segment reporting (ASU 2023-07)
  – Interaction between new ASC 280 disclosures and non-GAAP rules
  – Macroeconomic factors
• Updates on crypto and digital assets
• New insider trading rules
• Updates on the recovery of erroneously awarded compensation
• New requirements on pay vs. performance disclosure
• Perquisites: basic tests and recent SEC focus
• Staff statements on materiality and statement of cash flows
• SEC staff comments and letter trends
• Proxy season: 2025 recap and 2026 preview

SPEAKERS

Chad Chevalier, EY (formerly)

Ashlyne Polynice, Gibson, Dunn & Crutcher LLP

Meghan Sherley, Gibson, Dunn & Crutcher LLP