The Financial Industry Regulatory Authority recently unveiled a detailed proposal to implement its controversial Comprehensive Automated Risk Data System initiative. If adopted, CARDS wou...

We previously described ISS’ draft voting policy to be effective for 2015 meetings beginning next February. Please see our comment letter to ISS on their proposed changes to the indepen...

The SEC has approved Auditing Standard No. 18, adopted by the PCAOB in June. The standards become effective for audits of financial statements for fiscal years beginning on or after Decem...

Companies may want to mark their calendars now for the period beginning 9 a.m. EST on November 3 through 8 p.m. EST on November 14 for the data verification period related to ISS Governan...

24 companies have adopted fee-shifting bylaws since May, according to Professor John Coffee in his testimony before the SEC Investor Advisory Committee. Fee-shifting bylaws impose a “lo...

According to Proxy Voting Analytics by The Conference Board, hedge funds submitted 39 shareholder proposals, an increase from 24 last year, and accounted for slightly more than 5% of the ...

On September 29, 2014, in Czyzewski v. Sun Capital Partners, Inc.(In re Jevic Holding Corp.), the United States District Court for the District of Delaware issued a decision holding that ...

Industry Update IM Director Discusses Changing Regulatory Landscape for Hedge Fund Managers CFTC Grants No-Action Relief for Certain CPOs of Pools with Wholly-Owned Trading Subsidiari...

For companies considering a review of the audit committee disclosure in proxy statements, the recent review by EY’s Center for Board Matters provides several insights on some of the add...

On September 17, 2014, the CFTC re-proposed rules for uncleared swap margin requirements. The CFTC’s re-proposal is largely consistent with a re-proposal on margin, capital and segrega...