The US is moving forward with a series of comprehensive financial reforms in a new bill, “The Wall Street Reform and Consumer Protection Act of 2009”. In 1,279 pages, the new bill pulls together a total of six reform proposals …
Read MoreLeading US mutual fund manager Oppenheimer Funds has written to the SEC supporting improved disclosure of commercial relationships which might create a conflict of interest.
In a Sept.24 letter to the Securities and Exchange Commission commenting on the SEC’s proposed …
Read MoreAccording to the Chinese calendar, 2010 will be the Year of the Tiger. It will also be the “the year of regulation” for the financial world. Adding to the reading pile is US Senate Banking Committee Chairman Chris Dodd’s mammoth …
Read MoreThe SEC has reaffirmed its commitment to reform the US proxy voting system. In a speech to Chicago’s Northwestern University School of Law on October 2nd Commissioner Elisse B. Walter outlined the SEC’s position on the mechanics of shareholder voting: …
Read MoreLeading US shareholder advocate Richard Ferlauto, has been appointed as deputy director of policy for the Securities & Exchange Commission’s Office of Investor Education and Advocacy (OIEA).
Since 2002 Rich has been director of corporate governance and public pension programs …
Read MoreThe Securities and Exchange Commission has published its final rules which require a “say on pay” (SOP) for companies which have received financial assistance under the Troubled Asset Relief Program (TARP).
The key points are that:
- The proxy will have
The US Senate has revealed its proposals to overhaul the American financial system through Senator Christopher Dodd’s “Restoring American Financial Stability Act of 2010”.
Across 1,336 pages the Bill outlines a series of remedies which it states will end “too …
Read MoreIn a 4-1 vote, the Securities and Exchange Commission has approved a series of governance reforms designed to “help investors make more informed voting decisions.” As from 28 February 2010 investors will not only know a great deal more about …
Read MoreThe Securities and Exchange Commission (SEC) has announced a major policy reversal on shareholder resolutions which is likely to lead to an increase in ESG risk and succession planning-related proposals.
In a legal bulletin published this week, the SEC said …
Read MoreFollowing on from the creation of the SEC’s Investment Advisory Committee, we now have details of its three working sub-committes which will focus on investor education, investor protection, shareholder voting and corporate governance.
The SEC’s Investor Advisory Committee is co-chaired …
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