As initial public offerings rebound, the issue of thin trading has arisen.
Recent developments in the corporate bond market are sparking regulatory attention in the U.S. and abroad.
SEC Still Encouraging Companies to Seek Relief from Unduly Burdensome Financial Reporting Requirements
Soon after he was sworn in last year, SEC Chairman Jay Clayton gave a speech in which he encouraged companies to use Rule 3-13 to request relief from unduly burdensome financial reporting requirements.
The implications of the Cyan decision are grim for public companies and their D&O insurance carriers.
U.S. and global M&A are booming, but companies cannot assume that all deals will avoid federal challenge.
With women and minorities still holding barely more than a third of public company board seats by all accounts, some institutional shareholders are withholding votes from some or all board nominees if the boards fail to meet diversity criteria.
Despite expert warnings that individual company disclosures mandated by the newly-effective pay ratio disclosure rule can be “meaningless” or “misleading,” overall data patterns can help benchmarking.
Surveys Show Many Public Companies Unprepared for Implementation of New Lease Accounting Standard as Deadline Nears
In recent years, accounting and finance professionals have wrestled with the implementation of new GAAP standards in the areas of revenue recognition, leases and credit losses.
On February 21, the SEC issued a statement and interpretive guidance to assist public companies in preparing disclosures about cybersecurity risks and incidents.
Reprimands of Big Banks Highlight Importance of Effective Oversight by Boards, Board Chairs and Lead Directors
In addition to imposing strong sanctions on Wells Fargo, the Federal Reserve Board has publicly posted letters of reprimand issued to the bank’s former CEO/board chair (in his capacity as chair), former independent lead director and current board, criticizing their ineffective oversight.