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Early exit for Texas, Oklahoma to SEC could be aided by future nonconference games at Big 12 stadiums
With conversations increasing around the possibility of Texas and Oklahoma leaving the Big 12 for the SEC earlier than scheduled, the steps needed to facilitate such a move are coming into focus. It is likely any deal involving the Longhorns and Sooners joining the SEC a year early in 2024 would include Big 12 rightsholders being made whole with a series of future nonconference games involving those teams within the league’s footprint, industry sources tell CBS Sports. Presently, the Big 12 grant of rights expires in 2025, freeing Texas and Oklahoma to join the SEC that summer. However, discussions about Texas and Oklahoma receiving an early exit from the Big…
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SEC sends letter to companies urging updated disclosures amid ‘widespread disruption’ in crypto markets
The Securities and Exchange Fee is sending a letter to U.S. community firms asking corporations consider their disclosure obligations, such as a “distinct tailor-made disclosure,” about how recent crypto bankruptcies and broader money distress across the digital asset market may have strike their business. The letter is intended to illustrate the kind of opinions the securities agency may possibly ship to public organizations. “In meeting their disclosure obligations, businesses ought to think about the have to have to handle crypto asset sector developments in their filings typically, such as in their business enterprise descriptions, risk things, and management’s dialogue and analysis,” the SEC’s division of corporate finance reported in its…