The past 18 months have been witness to tremendous legislative and regulatory activity in the area of corporate governance and executive compensation. The 1,336-page Restoring American Fi...
After a sharply divided vote of 3-2, the FDIC Board voted to request public comment on whether compensation policies should be incorporated as a factor in the risk-based insurance premium...
On December 16, 2009, the SEC approved final rules relating to key risk, corporate governance and compensation matters. The new rules become effective February 28, 2010 and will affect mo...
At an open meeting today, the SEC voted to adopt amendments intended to enhance compensation and corporate governance disclosures. The new rule, which becomes effective February 28, 2010,...
What follows is a summary of the Wall Street Reform and Consumer Protection Act passed by the House of Representatives on December 11, 2009. The Act, like Senate Banking Committee Chairma...
RiskMetrics Group, an influential proxy advisory service, recently issued updates on its proxy voting policies applicable to meetings of US companies held after February 1, 2010. The upda...
The project of federalizing major elements of our corporate governance and executive compensation processes continues apace. The 1,136-page Restoring American Financial Stability Act of 2...
This summary compares the Restoring American Financial Stability Act of 2009, referred to as the “Dodd bill,” with various other legislative proposals.
The Federal Reserve proposed on October 22 a new regulatory framework that would for the first time put compensation practices at the heart of the U.S. financial regulatory regime. The pr...
The Davis Polk Financial Crisis Manual has been written for anyone who wants to understand the flurry of new legislation, old law used in new ways, contracts with Treasury, press releases...
