A few days ago, we posted this new client alert, that we authored along with Danielle Benderly and Chris Wassman – “Preparing for the 2022 Public Company Reporting Season” – during which we delved into these eight topics:
Yesterday, the SEC proposed a new reporting regime for company share repurchases. The proposals are summarized in the SEC’s press release (here’s the proposing release) – and will be subject to a 45-day comment period. Here are three things to know about the proposal:
1. “Real-Time” Reporting on Form SR – The proposed rule
Yesterday, BlackRock released its latest proxy voting guidelines for U.S. securities. It also released its Investment Stewardship Global Principles, along with a 2022 policy updates summary. Here are three new items to be aware of:
1. The new guidelines remain consistent with BlackRock’s existing approach to engagement on board diversity. New for 2022,
About a month after proposing changes to its voting policies, ISS announced its final voting policies for next year a few days ago (here is the final policy updates – and here is an executive summary). The final policy updates largely adhere to what ISS proposed last month, which I blogged about back then,
Following up on Evelyn Cruz Sroufe’s blog about four rebuttals to the opposition against Nasdaq’s board diversity rules, despite positive measures such as Nasdaq’s adoption of board diversity rules, increasing diversity on corporate boards has been painfully slow and still faces institutional headwinds. These include low board turnover, which reduces the opportunities for boards to
A few days ago, Glass Lewis released two documents: 2022 US Proxy Voting Policy Guidelines and 2022 Policy Guidelines on ESG Initiatives (which apply across jurisdictions). Here are 8 things to know from these updates:
1. Increasing Gender Diversity Requirements for Russell 3000 Boards – As announced in last year’s voting guidelines, starting in ‘22
Last week, during our popular “Anatomy of a Proxy” webcast, I talked about the “shareholder engagement” section of the proxy and an attendee asked a question about it. Based on that interaction, I thought it might be a good subject to cover here.
Here are three tips on what to consider covering in the “Shareholder
As I mentioned last week during our popular “Anatomy of a Proxy” webcast (archive coming soon), there is no requirement to include an “ESG” section of the proxy statement, but as it – along with the annual report – is the most important investor-facing communication of the year, most companies are using the proxy statement
Yesterday, ISS posted 33 pages of proposed voting policy updates. The comment period has commenced and will end in less than two weeks – on November 16th. We’ll provide a more detailed update when ISS adopts its final policy changes for 2022. For now, here are the four main areas where ISS is seeking
Yesterday, Corp Fin issued Staff Legal Bulletin No. 14L relating to shareholder proposals – and it is a humdinger. Here are six things to know about this new SLB:
1. Rescinding the Last Three Staff Legal Bulletins – Right at the top, the new SLB rescinds the last three Staff Legal Bulletins (14I, 14J and