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ARTICLE · 08 APRIL 2020

SEC Issues New COVID-19 Disclosure Guidance

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This client alert supplements and updates our client alert issued on March 16, 2020, which discusses disclosure and capital markets considerations for U.S. listed public companies.

United StatesCoronavirus (COVID-19)
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As part of its response to the effects and economic disruption that the novel coronavirus disease 2019 ("COVID-19") is causing to the worldwide economy, on March 25, 2020, the Division of Corporation Finance of the U.S. Securities and Exchange Commission ("SEC") issued additional guidance regarding public company disclosure requirements with respect to COVID-19.1

This client alert supplements and updates our client alert issued on March 16, 2020, which discusses disclosure and capital markets considerations for U.S. listed public companies.2

COVID-19 Disclosure Considerations 

The guidance reminds companies that, while it is difficult to predict with precision the effects of COVID-19 on a company, management's views on COVID-19's effects and future impact on the company can be material to investment and voting decisions.

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