Boardroom Diversity Push Gains Steam < Institutional investors and asset management companies such as #CalPERS, #CalSTRS, #BlackRock, #StateStreet and Vanguard are pushing for increased #boardroom#diversity. https://t.co/mRfyY0OqaF
Overall, these policy changes represent relatively modest updates from last year and appear to reflect the social and governance concerns of many institutional investors. #proxy https://t.co/2jfj6REN1z
The Report reveals certain trends that can be instructive to companies seeking to prevent and detect potential violations of the securities laws and to mitigate penalties that may result from inadvertent violations. #securitieslaw https://t.co/vAFQgT9BWp
A @McKinsey study cited in the #WSJ article found that 75% of #shareholders are considered long-term investors. However, 51% of CEOs surveyed said they feel the “most pressure to deliver strong financial performance” within a year. #EARNINGS https://t.co/gyQEGKtoCs
This is a big moment – and #corporate#counsel are doing their client a disservice if they don’t dig into this compelling new information. #whistleblower https://t.co/SEcJ0BqELd
The 5 step model is more principle than rules-based, and #accounting professionals responsible for the implementation of the new #guidance will require good knowledge about the change and access to relevant company #data for analysis. https://t.co/Ccxn00hdcb
The SEC addressed the nature of the #board analysis the staff would find most “helpful” in evaluating a no-action request to exclude a #shareholder proposal under Rule 14a-8(i)(7). #securitieslaw https://t.co/ZXTN4Vq3xs
Director of the SEC’s Division of Corporation #Finance, indicated that the agency intends to release “plain English” guidance around the issue of whether an #ICO is a security. https://t.co/Kxt1RNE2CN
Like #Glass Lewis a month ago, #ISS is also—shall we say “unfriendly”— to boards of companies that submit to #shareholders a charter or bylaw ratification proposal while excluding a conflicting shareholder proposal. #proxy https://t.co/eP28yhIVYB
The final rules provide for a two-year transition period so that a registrant will not be required to begin to comply with the new rules until its first fiscal year beginning on or after January 1, 2021. #securitieslaw#mining#disclosure https://t.co/jnAIVIMIFL