Alex Layfield, a partner and co-leader of the firm's corporate, securities and executive compensation team, and Rachel Solino, an associate in the Corporate Practice Group, co-authored the article "How changing beneficial ownership reporting may impact activism," published by Corporate Secretary on April 18, 2022. Alex and Rachel outline the potential effects of the SEC's proposed rule changes intended to update the requirements for beneficial ownership reporting. The final rules are expected to be released later this year and are expected to shorten filing deadlines and expand the definition of "group" for reporting purposes, which may discourage activism.