The Staff of the SEC’s Division of Corporation Finance has posted some Compliance and Disclosure Interpretations (“CD&Is”) here (scroll down to Section 182). Nothing surprising, but some useful stuff there. Possibly the most important interp is the one relating to Twitter (Q 182.09), which says if you can’t fit the disclosure required by Rule 255 into a Tweet, you can link to that language, but if you can fit the required disclosure into an electronic communication, then you must; linking isn’t enough.
Lesson of the Month: The black box acquisition
Following up from last month’s I’m-not-going-to-call-it-fraud series, here’s another recent