Skip to content
The COVID Project
  1. Library
  2. Federal financial regulators
  3. AGY-FED-FINANCIAL-050

Ex. AGY-FED-FINANCIAL-050 Order Primary source read

Release No. 34-88318, Order Under Section 36 of the Securities Exchange Act of 1934 Granting Exemptions from Specified Provisions of the Exchange Act and Certain Rules Thereunder

Order Under Section 36 of the Securities Exchange Act of 1934 Granting Exemptions from Specified Provisions of the Exchange Act and Certain Rules Thereunder

Securities and Exchange Commission · United States; Securities and Exchange Commission (federal) (Federal)

Open exhibit (PDF, 165 KB)Source (opens in a new tab)
The COVID Project

The record

Jurisdiction
United States; Securities and Exchange Commission (federal)
Level
Federal
Authority
15 U.S.C. § 78mm(a)(1)
Issued
2020-03-04 Mar. 4, 2020
Effective
2020-03-04 (covers filings due from and including March 1, 2020 to April 30, 2020) (read as 2020-03-04)
End
Superseded March 25, 2020 by Release No. 34-88465 (Ex. 056) (read as 2020-03-25)
In force
Mar. 4, 2020 to Mar. 25, 2020
Quarters
2020 Q2
Limitation types
Telework mandateOther
Addressees
  • every registrant subject to Exchange Act reporting (Sections 13(a), 13(f), 13(g), 14(a), 14(c), 14(f), 15(d) and related rules)
  • persons required to furnish proxy and information statements
Functions reached
  • OP office and telework (SEC reporting, audit and legal functions performed remotely)
  • CM capital markets (periodic reporting by every listed company)
  • WM advisory clients' issuers
  • CB investors
Collection
Federal financial regulators AGY-FED-FINANCIAL

Operative words

Disruptions to transportation, and limited access to facilities, support staff, and professional advisors as a result of COVID-19, could hamper the efforts of public companies and other persons with filing obligations to meet their filing deadlines.... Accordingly, IT IS ORDERED, pursuant to Section 36 of the Exchange Act, that a registrant (as defined in Exchange Act Rule 12b-2) subject to the reporting requirements of Exchange Act Section 13(a) or 15(d), and any person required to make any filings with respect to such a registrant, is exempt from any requirement to file or furnish materials with the Commission under Exchange Act Sections 13(a), 13(f), 13(g), 14(a), 14(c), 14(f), 15(d) and Regulations 13A, Regulation 13D-G (except for those provisions mandating the filing of Schedule 13D or amendments to Schedule 13D), 14A, 14C and 15D, and Exchange Act Rules 13f-1, and 14f-1, as applicable, where the conditions below are satisfied [including that the filing be made] no later than 45 days after the original due date.

Enforcement

Conditional exemption; failure to satisfy conditions leaves the filer in violation of 15 U.S.C. §§ 78m, 78n, 78o(d)

Notes

Reached every public company in every industry: the Commission's finding on March 4, 2020 that 'limited access to facilities, support staff, and professional advisors' prevented timely reporting

Retrieval note

Downloaded from sec.gov with an SEC-compliant user agent.

A record of The COVID Project. The instrument's text is the source's; the summary fields are The COVID Project's reading of it. Not legal advice.