NS to Take Charge on Locomotive Disposals

Norfolk Southern said on Thursday it will take a $385 million charge in the first quarter of 2020 that is related to the disposal of about 300 locomotives and the designation of another 400 locomotives for sale. 88 more words

Railroad News

Securities and Exchange Commission speaks on 2020 recruitment

ABUJA, Nigeria – The Securities and Exchange Commission (SEC) on Monday debunked reports that it had started its 2020 recruitment exercise.

A statement by Mrs Efe Ebelo, the commission’s Head, Corporate Communications, urged the general public to disregard messages and videos being circulated on social media of alleged recruitment exercises. 145 more words

Additional SEC Relief is Revealed

Written by Ignacio Celis-Aguirre

On March 26, 2020, the Securities and Exchange Commission (the “Commission”) announced that it would be providing additional temporary regulatory relief to market participants in response to the effects of the Coronavirus Disease 2019 (“COVID-19”). 904 more words

COVID-19

COVID-19 Causes Coverage

SEC Grants Additional Time For Filings Impacted By COVID-19

Written by Blake Baron

Earlier this month, the U.S. Securities and Exchange Commission (the “SEC”) provided conditional regulatory relief to those public companies impacted by COVID-19 (novel coronavirus) with a 45-day extension to file certain SEC filings that would have been otherwise due between March 1, 2020 and April 30, 2020. 311 more words

COVID-19

SEC Sets Course on COVID-19 Disclosure

Written by Blake Baron

Introduction

On March 25, 2020, the SEC’s Division of Corporation Finance provided disclosure guidance to public companies to assist in the evaluation of a company’s disclosure obligations with respect to the COVID-19 (novel coronavirus) pandemic and related business and market disruptions. 616 more words

COVID-19

Shareholder Distancing

Shareholder Meetings in the Age of “Social Distancing” and COVID-19

Written by Blake Baron

Background

On March 13, 2020, the U.S. Securities and Exchange Commission (the “SEC”) published guidance to assist public companies, investment companies, shareholders and other market participants affected by COVID-19 in connection with their upcoming shareholder meetings. 415 more words

COVID-19

Securities and Exchange Commission of Myanmar Permits Foreigners to Trade on the Yangon Stock Exchange in Myanmar by March 2020

In July 2019, the Securities and Exchange Commission of Myanmar (SECM) announced that foreigners would be permitted to trade on the Yangon Stock Exchange ( 16 more words

Myanmar