Shareholder
Fall 2025
SEC Upends Decades of Precedent and Endorses Forced Arbitration Provisions in IPOs
On September 17, 2025, the U.S. Securities and Exchange Commission issued a “policy statement” endorsing the inclusion of forced arbitration provisions in initial public offering registration statements.
SEC to Propose Rule Easing Financial Reporting Frequency from Quarterly to Semiannual PAGE 5
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Cohen Milstein Obtains Preliminary Approval of $167.5 Million Settlement with EQT Corporation PAGE 9
Fiduciary Focus: Two Administrations, Two Divergent Approaches in Regulating How Investment Advisors Use Artificial Intelligence PAGE 12