RESULTS
Top 10 Concerns for Directors and General Counsel August 11, 2010Results of the
Corporate Board Member/FTI Consulting2010 Legal Study show boards and general counsel expect to spend a lot of time minding the store, especially with regard to today’s hot-button issues: executive compensation, fees, governance and compliance, and risk management.
ARTICLE
SEC Issues Concept Release on Changes to U.S. Proxy System August 04, 2010On July 14, 2010, the SEC issued a concept release seeking public comment on the United States proxy system and whether regulatory or other reforms are needed to enhance the accuracy, transparency and efficiency of the proxy voting process, to facilitate communications between shareholders and issuers and to address decoupling of voting power and economic interest. The concept release is not a formal rule proposal, but could be the basis of regulatory proposals in the future.
WEB EXCLUSIVE
Summary of Clawback Policies Under Dodd-Frank Reform Act July 23, 2010The Dodd-Frank Wall Street Reform and Consumer Protection Act signed on July 21 further expands the reach of mandatory recoupment policies. Under the Act, the SEC will direct the national securities exchanges and national securities associations to amend their listing standards to require that
every listed company adopt a compensation recovery policy containing two key components...