Coronavirus: Despite SEC Relief, Risks Remain for Directors and Officers
Recognizing the harm the outbreak has already done to
businesses and investors — and the additional damage it could cause in the
weeks and months ahead — the Securities and Exchange Commission (SEC) this week
issued an order intended to provide a measure
of regulatory relief to public companies and their boards. While this
relief is surely helpful, businesses and their directors and officers should
not become complacent about the risks they could still face as the outbreak
persists.