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SEC Proposes Amendments to Shareholder Proposal Rule
On November 5, the SEC proposed amendments to Exchange Act Rule 14a-8, the rule that governs the process for shareholder proposals to be included in a company’s proxy statement.
SEC Proposes Amendments to Proxy Solicitation Rules
On November 5, the SEC proposed amendments to the rules governing proxy solicitations. The amendments are intended to help ensure that proxy voting advice used by investors and others who vote on investors’ behalf is accurate, transparent and materially complete.
SEC’s Enforcement Division Issues Annual Report
On November 6, the SEC’s enforcement division issued a report summarizing its enforcement actions and areas of focus during fiscal year 2019, which ended on September 30.
ISS and Glass Lewis Update Voting Guidelines for 2020 Proxy Season
On November 12, proxy advisory firm Institutional Shareholder Services Inc. (ISS) announced updates to its proxy voting guidelines for the 2020 proxy season, applicable to shareholder meetings on or after February 1, 2020.
To Increase Board and CEO Diversity, New York Comptroller Urges Companies to Adopt NFL’s Rooney Rule
Last month, New York City Comptroller Scott M. Stringer announced an initiative calling on companies to adopt a policy requiring the consideration of both women and people of color for every open board seat and CEO position.
Benefit Plans: 2020 COLAs
The Internal Revenue Service has announced the 2020 cost-of-living adjustments (COLAs) for retirement plans. Most limits have increased.
Retailers Sued Under ADA for Lack of Braille Gift Cards
In the past month, over 40 retailers and restaurants have been served with lawsuits in federal court, alleging that a lack of Braille gift cards discriminates against blind customers in violation of the Americans with Disabilities Act (ADA).
USPTO Sends Trademark Owners a Strong Message to Use and Prove Usage of TMs
In July 2019, the U.S. Trademark Office announced it would implement new rules to clarify what constitutes an acceptable specimen to show use on goods.
Despite Courts Enjoining Department of Homeland Security Public Charge Rule, State Department Proceeding with Implementing its Own Version
Last week, four courts issued injunctions barring the Trump administration from implementing the controversial public charge rule that would dramatically change the way immigration law operates in the United States.
Office of Foreign Labor Certification Announces Schedule for E-Filing of LCAs
Affected LCA programs include the H-1B, H-1B1 and E-3 visa classifications