Last Thursday, Broadridge announced that it will change its procedures for reporting of interim voting results for proxy contests, so that each soliciting party will only receive the resu...

Broadridge has announced a new policy that during proxy contests, each party will only receive the interim results of votes cast for its own proxy card, reports the WSJ. Companies and dis...

U.S. financial regulators found themselves on the receiving end of an outpouring of concern from lawmakers last Wednesday about the risks to the banking sector and debt markets from the t...

A number of shareholder proposals this season are focused on aspects of proxy voting, leading ISS to adopt a new policy at the end of January on how it will evaluate these proposals. A no...

The staff agreed that shareholder proposals at two companies, DTE Energy and NCR, could be excluded for failure to satisfy the ownership requirements, but noted that the companies had fai...

On 30 January, the UK’s Financial Conduct Authority (“FCA”) issued a consultation paper (CP 14/2) on sponsor competence. Sponsors play a fundamental role in the FCA’s premium list...

In the past month, no rulemaking requirement deadlines passed or were met with finalized rules, and no new rules were proposed that would meet rulemaking requirements. As of February 3, ...

At the recent Securities Regulation Institute, Keith Higgins, the head of the SEC Division of Corporation Finance, indicated that the SEC staff will be looking for less detailed disclosur...

While notices of exempt solicitations are becoming more common, they usually do not involve a proponent’s tweets about the company, as is the case with Carl Icahn and the Apple annual m...

The OCC has proposed a set of enforceable and specific risk governance guidelines to formalize its heightened expectations for large national banks and federal savings associations. The r...