shelf registration
Cleary Discusses SEC’s Proposed Registered Offering Reform
On May 19, 2026, the SEC proposed amendments in a “Registered Offering Reform” package that would make it significantly easier for public companies to raise capital through registered offerings of securities. The proposed rules would broaden Form S‑3 shelf eligibility …
Sullivan & Cromwell Discusses Second Circuit Decision Affirming Dismissal in Major Securities Fraud Case
The U.S. Court of Appeals for the Second Circuit recently affirmed the dismissal of a securities fraud class action against S&C client Barclays in Knapp v. Barclays PLC. S&C represented Barclays in the appeal. The court resolved two “issues …
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