Practice Area Blogs & Digests

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.

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

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. 

The Foreign Corrupt Practices Act of 1977 (FCPA) is associated with bribes, but a recent SEC enforcement order against a major defense contractor reminds companies that the law is also about bids and bookkeeping as well.

The recent decision by the U.S. government to close its criminal case against traders at JPMorgan Chase charged with concealing billions of dollars in losses reveals how difficult it is to assign individual blame in a corporate matter.

The SEC updated its CDIs to provide additional guidance on what historical financial information may be omitted from registration statements. 

Public companies often complain that certain SEC-mandated disclosure items are unduly burdensome to prepare yet immaterial to investors.

Wall Street investors are showing more displeasure with corporate directors, notes a recent Bloomberg article.

According to a recent study, companies thinking about changing their auditors should do so before the end of their second fiscal quarter.

The July 20 publication of the SEC’s Regulatory Agenda revealed a narrowed set of priorities for the agency, reflecting the deregulatory bent of the Trump administration.