The Council of Institutional Investors (CII) has petitioned the SEC for the ability to “mix and match” director candidates in a universal proxy. For contested elections, they ask that...

A nonpublic company seeking access to the capital markets faces a largely binary choice between conducting a private placement, with few if any reporting obligations afterwards, and condu...

NASDAQ has announced to its issuers that the compensation committee certification that it requires has been added to its list of online forms under the NASDAQ OMX Listing Center. NASDAQ c...

Two companies recently adopted interesting governance changes in response to shareholders. Verizon posted on its website a new policy regarding providing shareholders with access to inter...

FINRA rules require broker-dealer members to establish and maintain a system and written procedures to supervise the activities of their personnel, which are reasonably designed to achiev...

Recognizing the particular interest in the performance of its enforcement division, the Commission issued a press release in December announcing its enforcement results for fiscal 2013; in a ...

Just one day in advance of the December 21, 2013 expiration of the CFTC’s exemptive order delaying the applicability of some CFTC swap regulations for non-U.S. swap dealers and foreign ...

Davis Polk has prepared a set of flowcharts analyzing the prohibition on banking entities sponsoring or acquiring ownership interests in hedge funds and private equity funds under the fin...

In the past month, no rulemaking requirement deadlines passed, 36 rulemaking requirements were finalized and one rule was proposed that would meet a rulemaking requirement. As of January...

Companies are frequently frustrated when the supporting statement of a shareholder proposal contains stale data, irrelevant information or, even worse, false allegations. The SEC staff, h...