The FAST Act also amends Section 4 of the Securities Act of 1933 to essentially codify a generally accepted exemption for private resales of restricted and control securities by persons other than an issuer or a subsidiary.
On December 4, 2015, the transportation bill known as the FAST Act became law. It contains a number of securities law provisions that will benefit emerging growth companies.
The Council of Institutional Investors recently released two publications, one highlighting effective engagement practices between public companies and their investors and another focused on related disclosures.
A recent report indicated that many public companies’ clawback policies are not consistent with the SEC’s proposed clawback rule issued earlier this year.
The SEC recently adopted final rules dubbed “Regulation Crowdfunding” as mandated by the JOBS Act.
Recently, PwC released its annual survey of public company directors, and Spencer Stuart released its annual review of board practices at S&P 500 companies. These reports highlight key governance trends.
A recent publication addressed some board practices that are generally accepted as “best practices,” despite no evidence, or even contrary evidence, of their effectiveness. The article debunks these “seven myths” and argues for more flexible standards.
Two key proxy advisors recently released their final voting policies for the 2016 proxy season.
Department of Justice Delays Regulations on Website Accessibility – Plaintiff Firms Send Demands Against Website Operators
On November 19, the Department of Justice announced it is further delaying issuing guidance on what is required of website operators to be compliant under the Americans with Disabilities Act.