On March 4, the U.S. Securities and Exchange Commission (SEC) announced the issuance of an SEC Order1 providing conditional relief to public companies that are unable to timely comply with their filing obligations as a result of the novel coronavirus (COVID-19) outbreak.2 Most notably, the Order provides an additional 45 days to file Exchange Act reports (e.g., Forms 10-K, 20-F, 10-Q, 8-K, 6-K and proxy statements) due between March 1 and April 30, 2020, subject to specified conditions, including the filing of a Form 8-K or Form 6-K by the later of March 16 or the report’s original filing deadline. The Order also exempts companies preparing for their upcoming annual meetings from the requirement to furnish proxy statements and other soliciting materials to stockholders when mail delivery is impossible.
The relief is available to companies located in regions affected by COVID-19 but also to U.S. companies with significant operations in the “affected areas” (which is not defined). The SEC will continue to monitor developments and may extend the relief period beyond April 30 or provide additional types of relief if deemed appropriate.
Sidley Austin LLPはクライアントおよびその他関係者へのサービスの一環として本情報を教育上の目的に限定して提供します。本情報をリーガルアドバイスとして解釈または依拠したり、弁護士・顧客間の関係を結ぶために使用することはできません。
弁護士広告 - ニューヨーク州弁護士会規則の遵守のための当法律事務所の本店所在地は、Sidley Austin LLP ニューヨーク：787 Seventh Avenue, New York, NY 10019 (+212 839 5300)、シカゴ：One South Dearborn, Chicago, IL 60603、(+312 853 7000)、ワシントン：1501 K Street, N.W., Washington, D.C. 20005 (+202 736 8000)です。