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...
The SEC has approved, in their entirety, the changes to the NYSE’s corporate governance rules proposed by the NYSE last August. The new rules will take effect on January 1, 2010. For th...
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...
WHILE THE PUNDITS are declaring that the recession is over and the financial crisis has been abated, part of the aftermath is the continuing demand for corporate governance reforms by Con...
For the past six months the air has been thick with SEC proposals and Congressional bills on corporate governance and compensation practices, some of which overlap and others of which sup...
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...
Last Thursday, the SEC announced settled charges against SafeNet, Inc. and certain of its former officers and employees in connection with an alleged earnings management scheme that mater...
This summary compares the Restoring American Financial Stability Act of 2009, referred to as the “Dodd bill,” with various other legislative proposals.