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SEC extends flexibility due to COVID-19

On March 25, 2020 the SEC issued several exemptive orders to extend temporary COVID-19 relief.

·         The relief further extends the filing periods covered by its previously enacted conditional reporting relief for certain public company filing obligations.

·         The relief further extends regulatory relief previously provided to funds and investment advisers whose operations may be affected by COVID-19.

·         The SEC and its staff also provided public company disclosure guidance.

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