The Troutman Sanders Corporate team has published the following article on COVID-19:
In a press release dated March 25, 2020, the United States Securities and Exchange Commission (the “Commission”) Chairman Jay Clayton encouraged “public companies to provide current and forward-looking information to their investors . . .” while continuing to prioritize health and safety during the ongoing global pandemic. In conjunction with this statement, the Commission’s Division of Corporation Finance (the “Division”) released CF Disclosure Guidance: Topic No. 9 (the “Guidance”), which provides the Commission’s current views regarding disclosure and other securities law obligations that companies should consider with respect to COVID-19 and related business and market disruptions.