Until January 31 or whenever a specified limit is reached, NYSE and Nasdaq listed issuers can sign up for Glass Lewis’ data verification program, known as the Issuer Data Report (IDR) s...
A number of companies have submitted no-action letters to the SEC arguing that they have already substantially implemented the proxy access shareholder proposals that they received for th...
The Cybersecurity Disclosure Act of 2015 sponsored by Senators Jack Reed (D-RI) and Susan Collins (R-ME) on December 17 is similar in concept to the audit committee financial expert provi...
On Friday ISS issued new and updated FAQs to their proxy voting policies. Most notably, ISS indicated that it will evaluate a board’s implementation of proxy access in response to a sha...
Yesterday, the PCAOB adopted new rules to require auditors to disclose the name of the audit engagement partner. The rules are subject to approval by the SEC, and will be effective for au...
Boards and investors continue to be deeply interested in board composition, a central topic in the 2015 Spencer Stuart US Board Index for S&P 500 companies.
At the largest companies, the...
An interesting no-action letter request has been submitted to the SEC to exclude a proxy access proposal submitted by Ken Steiner.
Sunoco Products Company argues that neither the proponen...
Ethan Allen’s seven nominees for the company’s board received overwhelming support in the recent proxy contest against the six candidates proposed by Sandell Asset Management.
The con...
Beginning today, ISS is accepting updates to companies’ self-selected compensation benchmarking peers, if those companies have annual meetings scheduled between February 1, 2016 and Sep...
ISS and Glass Lewis have updated their proxy voting guidelines. Key changes include policies on overboarding by public company directors and unilateral governance changes by boards.
