Following is the Davis Polk visual memorandum analyzing the Federal Reserve’s proposed rule on total loss-absorbing capacity (TLAC) and eligible long-term debt (LTD) requirements for (i...

A global trade association of 64 stock exchanges, the World Federation of Exchanges (WFG), has recommended that its member exchanges voluntarily incorporate a set of 34 ESG factors into l...

Both Nasdaq and the NYSE issued recent reminders to companies about key announcements that may constitute material news. Changes to dates.  Changes to a company’s earnings release, divi...

ISS has launched its annual data verification period starting today, November 2nd.  From now until 8pm EST on November 13, companies can review and confirm the data used by ISS for QuickS...

The litigation against Facebook for their director compensation raised a question of first impression:  whether a disinterested controlling stockholder can ratify a transaction approved b...

The UK Takeover Panel has recently confirmed a number of amendments to the UK Takeover Code in three Response Statements to its public consultations earlier this year. On 23 October 2015,...

In case you are wondering – no, this is not about making the closing more festive, or planning for a champagne celebration after the closing. As companies think about the timing of the ...

SEC Rules and Regulations SEC Proposes Rule Reforms to Enhance Liquidity Risk Management for Mutual Funds and ETFs SEC Removes References to Credit Ratings in Money Market Fund Rule and ...

ISS has issued its voting policies for public comment, which are due by 6:00 p.m. EST on November 9. The comments will be published (unless otherwise requested). ISS will consider the com...

Over three years ago, MOFCOM conditioned its clearance of two hard disk drive transactions on unprecedented hold separate remedies which precluded realization of many of the synergies and...