SEC issues statement regarding requirements for Form 144 paper filings in light of Covid-19

Federal Issues Covid-19 SEC

On April 10, the SEC Division of Corporation Finance issued a statement regarding requirements for Form 144 paper filings in light of Covid-19. For those who submit Forms 144 for the period from and including April 10, 2020, to June 30, 2020, the Division staff will not recommend enforcement action if Forms 144 are submitted via email in lieu of mailing or delivering the paper form to the SEC (as required under Rules 101(b)(4) or 101(c)(6) of Regulation S-T) if the filer or submitter attaches a complete Form 144 as a PDF attachment to an email sent to the SEC. The division also will not recommend enforcement action if the filer or submitter provides a typed form of signature in lieu of the manual signature, provided certain requirements are met.