SEC outlines planned risk disclosure changes

SEC outlines planned risk disclosure changes

The Securities and Exchange Commission (SEC) is proposing to change its regulations on business, legal proceedings, and risk factor disclosures.

The SEC says that the amendments are intended to improve disclosures for investors and …

SEC urged to unleash sweeping changes to proxy system

As the SEC’s Proxy Plumbing saga rumbles on, the Commission has signalled that public companies, shareholders and other stakeholders in the US may soon get the transparency in the proxy system …

Women on FTSE 350 boards still to hit 33% target

Board Diversity: SEC Clarifies Reg S-K Disclosures

The staff of the US Securities and Exchange Commission (SEC) has issued two new Compliance & Disclosure Interpretations (116.11 & 133.13) focussing on how companies should consider board diversity in their …

SEC’s back to work priorities: proxy plumbing & human capital reporting

As the SEC returns to work after the shutdown, Commission chairman, Jay Clayton has started to lay out his departments work for the coming year. During a conference call …

US Proxy Plumbing – Eight Years Later

Proxy Plumbing: SEC Re-opens Investigations

Plans to review US proxy plumbing infrastructure “long overdue, but very welcome”.

The Securities and Exchange Commission has announced it will re-examine the US proxy voting system.

The US securities regulator, the Securities and Exchange …

Equilar: US pay survey finds CEO ratio of 140:1

Corporate governance researcher Equilar has found a median chief executive officer (CEO) pay ratio of 140:1 following an anonymous survey of 356 US public companies. Equilar asked the companies how they plan to report on this in their 2018 proxy …

Rio Tinto fined in the UK and charged with fraud in the US

Anglo-Australian mining giant Rio Tinto has been fined £27m by the Financial Conduct Authority (FCA) for breaching UK disclosure rules while the US Securities & Exchange Commission has charged the company and former executives with fraud in relation to the

US senators suggest acting SEC chairman is overreaching his authority

In a sign of disquiet about the acting chair of the US Securities and Exchange Commission (SEC), Michael Piwowar, Democratic Senators have suggested that he has overreached his authority in a letter to the regulator’s inspector general, Carl Hoecker.

The …

Demand for CEO pay ratios intensifies

Demand for CEO pay ratios has increased with initiatives in the US and UK focusing on the discrepancies between director and employee pay and the need for more regulation.

US Democratic Senator Bob Menendez and eight other senators have written…

Speaking out against #corpgov censorship

As the US Presidential battle careers towards its conclusion, the day to day business of law creation proceeds in Washington DC. Of particular interest to investors, indeed anyone with an interest in good governance, is HR5311 the ‘‘Corporate Governance Reform …