The following chart compares the provisions of the Restoring American Financial Stability Act of 2010, passed by the Senate on May 20, 2010, and the Wall Street Reform and Consumer Protec...
On May 20, 2010, the Senate passed the Restoring American Financial Stability Act of 2010 (the “Senate bill” or the “bill”) by a vote of 59 to 39. Four Republicans voted with the ...
While the 2010 proxy season is far from over, one phase is complete for most calendar year companies: the SEC Staff review of no-action letters seeking exclusion of shareholder proposals ...
Bank Holding Company Amendments (Title VI)
Volcker Rule
All purely technical and uninteresting, except for the following changes (insertions underlined):
Definition of proprietary tr...
I. Institutional Arrangements
Financial Stability Oversight Council. Interagency Council, consisting of 9 voting members – the Treasury Secretary (Chairperson) and the heads of Fed, OCC...
Companies faced with a shareholder proposal submitted under Rule 14a-8 often seek to exclude the proposal from the proxy statement by submitting a no-action letter to the SEC Staff, citin...
The SEC voted today (3-2) to eliminate broker discretionary voting in director elections for meetings held on or after January 1, 2010. Previously, brokers were permitted to vote uninstru...
In response to a public outcry over compensation and other practices and a call for accountability in the current financial crisis, a sharply divided Commission today proposed amendments ...
While the 2008 proxy season is just underway, several developments may foreshadow some interesting trends, although it will likely be a while before we are able to fully assess their impa...
