SEC Rules and Regulations SEC Grants No-Action Relief to Permit Fund to Implement Sub-advisory Arrangement Prior to Shareholder Approval Industry Update IM Director Discusses Rece...

In one fell swoop, Nabors Industries recently announced a number of significant governance changes that adopt the resolutions of several of the most common shareholder proposals, includin...

The SEC staff has responded to the D.C. Circuit Court of Appeals’ April 14 decision, which found a key feature of the conflict minerals rule in violation of constitutional free-speech g...

On January 21, 2014, the Federal Reserve published an Advance Notice of Proposed Rulemaking (ANPR) announcing that it had commenced a review of the authority of U.S. and foreign financial...

Senate Assistant Majority Leader Dick Durbin (D. Illinois) and a group of 11 other senators are urging the SEC to move forward with the initial deadline of May 31 (or June 2, 2014 for thi...

U.S. public companies concerned with pending governance changes are waiting and watching the SEC work on the remaining Dodd-Frank mandates and possibly take action on projects related to ...

In response to questions about the use of Twitter and certain other social media platforms under securities laws given the restrictions on the amount of information that can be conveyed, ...

While we are still in early days of the 2014 proxy season, trends are starting to emerge. The following update summarizes these developments: Institutional investors promote governance r...

Amid pressure to separate parts of its restaurant chain, Darden had decided to spin off Red Lobster. Two hedge funds, Barrington Capital and Starboard Value, previously proposed more dras...

The D.C. Circuit Court of Appeals issued an opinion today in the ongoing challenge to the SEC’s conflict minerals rule, holding that the rule violates the free-speech guarantee of the F...