Legislation

SEC Chair Mary Jo White’s speech in October of 20131 should have served as a stern warning to all companies and individuals with SEC reporting requirements that the Commission would be broadly expanding its reach with the intent of punishing even the smallest of violations moving forward. To read more from this article, please follow the link located here.

Preparing for the SEC’s New Disclosure Requirements on CEO/Employee Pay Ratios January 24, 2017 The Securities and Exchange Commission (SEC) recently released five Compliance and Disclosure Interpretations Questions and Answers (Q&As) providing additional guidance about the required disclosure of the ratio of public companies’ Chief Executive Officers’ total annual compensation to the median total compensation of all employees. Background In August 2015, the SEC adopted rules implementing requirements under the

SEC Chair Mary Jo White’s speech in October of 20131 should have served as a stern warning to all companies and individuals with SEC reporting requirements that the Commission would be broadly expanding its reach with the intent of punishing even the smallest of violations moving forward. To read more from this article, please follow the link located here.

The SEC mandates that certain disclosures be posted to public companies’ websites. Recently the SEC has taken enforcement action for violations, ranging from warnings all the way up to possible jail time. In addition, the NYSE and NASDAQ enforce their own specific rules for what must be disclosed and easily available for public consumption. To read more from this article, please follow the link located here.

NASDAQ Rule Changes Regarding Corporate Compensation Committees On November 26, 2013, NASDAQ amended its rules regarding compensation committee members’ independence, specifically Listing Rule 5605(d) and IM-5605-6. This article summarizes the rule changes. To read more from this article, please follow the link located here.

2014 ISS Policy Updates That Can Affect Stockholder Voting at Your Company’s Next Annual Meeting Institutional Stockholder Services (ISS) recently released updates to its benchmark U.S. proxy voting policies. These policy updates are used to devise voting recommendations for public company stockholder meetings held on or after February 1st of this year. ISS recommendations are very influential amongst institutional investors and as a result, ISS policy often affects the outcomes