The U.S. Government Accountability Office (GAO) estimated in a recent report that even if equal proportions of women and men joined boards each year beginning in 2015, it could take more ...
In charging senior leaders of a failed bank with fraud, the SEC also held two outside directors responsible.
Eleven executives and board members of the bank were charged by the SEC, which...
The New York City Comptroller issued a press release today announcing that the New York City pension funds (the Funds) have filed 72 new proxy access shareholder proposals, though many we...
A complaint to force the SEC to adopt rules requiring public companies to disclose the use of corporate funds for political activities was dismissed by the U.S. District Court for the Dis...
Until January 31 or whenever a specified limit is reached, NYSE and Nasdaq listed issuers can sign up for Glass Lewis’ data verification program, known as the Issuer Data Report (IDR) s...
A number of companies have submitted no-action letters to the SEC arguing that they have already substantially implemented the proxy access shareholder proposals that they received for th...
The Cybersecurity Disclosure Act of 2015 sponsored by Senators Jack Reed (D-RI) and Susan Collins (R-ME) on December 17 is similar in concept to the audit committee financial expert provi...
On Friday ISS issued new and updated FAQs to their proxy voting policies. Most notably, ISS indicated that it will evaluate a board’s implementation of proxy access in response to a sha...
Yesterday, the PCAOB adopted new rules to require auditors to disclose the name of the audit engagement partner. The rules are subject to approval by the SEC, and will be effective for au...
Boards and investors continue to be deeply interested in board composition, a central topic in the 2015 Spencer Stuart US Board Index for S&P 500 companies.
At the largest companies, the...
