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    SEC Issues Guidance on Disclosure Obligations for Activist Fund Structures Under Schedules 13D and 14A governance corpgov.law.harvard.edu

On July 9, the Staff of the Securities and Exchange Commission (the SEC) issued three new Corporation Finance Interpretations (CFIs) addressing disclosure obligations under Schedules 13D and 14A. The guidance targets a specific but increasingly common activism structure: special-purpose vehicles that raise capital from investors to buy a single issuer’s securities and conduct an activism […]

Source: Harvard Law School Forum on Corporate Governance

Published: 2026-07-29T11:30:51Z