Understanding the views of major shareholders becomes critical as companies head into the proxy season.  We are fortunate to get insights from Glenn Booraem, Principal & Fund Controller a...

The SEC’s Division of Trading and Markets recently issued an important No-Action Letter that effectively permits “M&A Brokers” to advise on and arrange certain securities transactio...

Glass Lewis recently announced a policy of voting against members of the corporate governance committee at companies that adopt bylaws disqualifying director nominees who receive third-pa...

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, ...