John C. Coffee Jr. COVID-19 as Securities Fraud?
In his Corporate Securities column, John C. Coffee Jr. discusses a proposal by the U.S. Chamber of Commerce to the SEC, one which places the SEC at the top of a very slippery slope. The proposal, which seeks to bar liability for certain COVID-19-related statements, would go well beyond the existing statutory safe harbor and cover statements that are expressly not covered by the existing safe harbor.
November 18, 2020 at 01:00 PM
9 minute read
The U.S. Chamber of Commerce has made a dramatic and unprecedented proposal to the SEC, one which places the SEC at the top of a very slippery slope. Through its Institute for Legal Reform and its Center for Capital Markets Competitiveness, it has filed a rulemaking petition with the SEC, asking the SEC
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