The Council of Institutional Investors in June petitioned the NYSE and Nasdaq to require majority voting for the election of directors in uncontested elections. CII also wants the exchang...

On July 10, 2013, the SEC adopted amendments to the Regulation D and Rule 144A private-placement safe harbors, which will eliminate the prohibition on widespread advertising and other for...

With the recent court decision upholding the SEC conflict minerals rule, a recent survey PwC published summarizing responses from more than 900 individuals this past spring becomes more r...

On July 23, Judge Robert L. Wilkins of the U.S. District Court for the District of Columbia rejected a lawsuit brought by the National Association of Manufacturers, the Chamber of Commerc...

We alerted companies to the fact that yesterday, the U.S. District Court for the District of Columbia rejected a suit to invalidate the SEC’s conflict mineral rule. The 63-page opinion ...

Amalgamated Bank’s LongView LargeCap 500 Index Fund and UAW Retiree Medical Benefits Trust have filed a novel clawback shareholder proposal at McKesson. The proposal asks that the compa...

On 23 July 2013, the Hong Kong Stock Exchange released a large number of listing rule amendments, revised checklists, guidance materials and templates. Subject to certain transitional pr...

On July 18, 2013, new bank legislation was adopted in France aimed at the ring-fencing and regulation of certain banking activities. The reform: addresses the separation of financing act...

The U.S. Government Accountability Office has released three studies on the SEC and its initiatives, pursuant to the Dodd-Frank Act. The GAO examined the criteria for qualifying as an ind...

On the heels of publishing the U.S. Basel III final rule, the U.S. banking agencies have proposed higher leverage capital requirements for the eight U.S. global systemically important ban...