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Pay Ratio Disclosure Rule Likely to Remain in Effect for the 2018 Proxy Season

Despite optimism during the early days of the Trump administration that the SEC’s pay ratio disclosure rule was on the chopping block, the bitter reality is settling in: it is likely that most public companies will be required to include CEO pay ratio disclosure in their 2018 proxy statements.

Major Indexes Push Back Against Non-Voting Shares

Late last month, two major stock index firms announced decisions to partially or fully exclude from their indexes companies with multi-class share structures.

Fed Proposes “Board Effectiveness” Standards for Financial Institutions

On August 3, the Board of Governors of the Federal Reserve System proposed metrics for “board effectiveness” as part of a broader document on proposed supervisory guidance for all institutions under Fed supervision.