May 29, 2026
To our clients and friends:
On May 19, 2026, the SEC proposed a new rule and form amendments aimed at enhancing public companies’ ability to conduct registered offerings. The proposed amendments would enable more public companies to conduct shelf offerings through a Registration Statement on Form S-3, extend well-known seasoned issuer benefits to a broader set of issuers, preempt state “blue sky” securities laws for registered offerings, and modernize the Registration Statement on Form S-1 by expanding the ability to incorporate information by reference into the Form. Our Legal Update on this proposal can be found here.
Luse Gorman, PC regularly advises companies regarding corporate governance, shareholder matters and SEC developments. If you have any questions related to this Legal Update, please reach out to your usual firm contact.
To learn more about our firm and services, please visit our website.
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May 28, 2026
To our clients and friends:
On May 19, 2026, the Securities and Exchange Commission proposed a new rule and form amendments that would restructure and streamline filer status categories into two main categories: large accelerated filers and non-accelerated filers. The proposed new rule would also raise the threshold and seasoning requirements for large accelerated filer status and extend accommodations and scaled disclosures to all non-accelerated filers. Our Legal Update on this proposal can be found here.
Luse Gorman, PC regularly advises companies regarding corporate governance, shareholder matters and SEC developments. If you have any questions related to this Legal Update, please reach out to your usual firm contact.
To learn more about our firm and services, please visit our website.
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May 27, 2026
To our clients and friends:
On May 19, 2026, the FFIEC issued a notice of proposed rulemaking to revise the Uniform Financial Institutions Rating System, commonly known as the CAMELS framework. The proposed changes are the first revisions to this framework since 1996, and will apply to the supervision standards and procedures used for national banks, member and non-member state-chartered banks, and credit unions. Our Legal Update on this proposal can be found here.
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May 14, 2026
To our clients and friends:
On May 5, 2026, the Securities and Exchange Commission (the “SEC”) issued a proposed rule to amend periodic reporting requirements for public companies under the Securities Exchange Act of 1934 that have been in place for more than 50 years. Under the proposed rule, reporting companies would be permitted to file semiannual reports on a new Form 10-S in lieu of quarterly reports on Form 10-Q. Our Legal Update covering the proposed rule and key takeaways is available here.
Luse Gorman, PC regularly advises companies regarding corporate governance, shareholder matters and SEC developments. If you have any questions related to this Legal Update, please reach out to your usual firm contact. To learn more about our firm and services, please visit our website.
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May 13, 2026
Today we published Volume 29 of The Bankers’ Bulletin, which provides our insights into key banking industry developments from April 2026, including the:
• Proposed revisions to the BSA/AML compliance regime;
• Banking agencies’ updated model risk guidance;
• OCC’s regulations to preempt state interchange fee laws;
• Final community bank leverage ratio rule;
• FDIC’s report on risks facing the banking industry;
and more.
A link to the latest edition of the Bulletin is available here. If you have any questions related to any of the items covered in this edition of the Bulletin, please reach out to Brendan Clegg (bclegg@luselaw.com), Marc Levy (mlevy@luselaw.com), Scott Brown (sbrown@luselaw.com), Keeler Fina (kfina@luselaw.com), or your regular Firm contact. To learn more about Luse Gorman, please visit our website.
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