SEC Extends Conditional Reporting Relief and Issues COVID19 Guidance for Public Companies

On March 25, 2020, the US Securities and Exchange Commission (SEC) extended the filing periods covered by its previous conditional reporting relief order for certain public company filing obligations impacted by COVID-19. At the same time, the SEC’s Division of Corporation Finance issued guidance on disclosure considerations and other securities law obligations related to COVID-19. This Legal Update discusses these SEC actions and related practical considerations.