On November 23, 2022, the SEC released its strategic plan for fiscal years 2022 to 2026. The plan focuses on three goals: protect the investing public against fraud, manipulation, and misconduct; develop and implement a robust regulatory framework that keeps pace with evolving markets, business models and technologies; and support a skilled workforce that is
Diversity & Inclusion
NYSE Listings 2021 in Review
The NYSE’s yearly statistics release highlights a second consecutive year of record new listings and the exchange’s increased focus on sustainability. This year’s listings added $1 trillion of new market capitalization to the exchange, with a total of 2,400 companies listed. Technology, biotech, and consumer products companies were prominently represented. Four of the five largest…
Preparing for the 2022 US Proxy and Annual Reporting Season
November 15, 2021 Webinar
1:00pm – 2:00pm EDT
Register here.
With the autumn leaves beginning to fall, it is once again time to prepare for proxy and annual report season. Companies will have to weigh various considerations this upcoming proxy season, including the objectives of new leadership at the US Securities and Exchange Commission…
2022 Proxy and Annual Report Season: The Time to Get Started Is Now
Once again, it is time to prepare for the proxy and annual report season. There are many issues to take into consideration when crafting required regulatory disclosures in a manner that conveys effective messaging to the company’s investors. Advance planning, careful drafting and multi-faceted review greatly contribute to a successful proxy and annual report season,…
Disclosure Requirements: What’s Ahead?
In various prepared remarks in recent weeks, Securities and Exchange Commission (SEC) Chair Gensler has commented on a number of potential proposals for additional disclosure requirements.
In remarks made to the European Parliament Committee on Economic and Monetary Affairs, Chair Gensler addressed a number of topics, including gamification and crypto assets. Commenting on issuer…
SEC Approves Nasdaq Board Diversity Rule
On August 6, 2021, the US Securities and Exchange Commission approved Nasdaq’s board diversity rule. This Legal Update provides further detail and discusses practical considerations for Nasdaq companies.
SEC Approves Nasdaq Board Diversity Rule Change
The Securities and Exchange Commission approved the proposed rule change by Nasdaq which will require listed companies to disclose information about the diversity of a company’s board of directors. For a limited time, Nasdaq will offer certain listed companies access to a board recruitment service. The rule will require, to the extent permissible under applicable…
Insights from Chair Gensler on the Rulemaking Agenda
At a recent conference, Securities and Exchange Commission Chair Gary Gensler gave wide-ranging remarks addressing market structure issues, LIBOR and other rates, and the Commission’s regulatory agenda.
Addressing regulatory initiatives relating to public company disclosures, Chair Gensler noted he has asked the Staff to put together recommendations on mandatory company disclosures on climate risk and…
New Human Capital Disclosure Requirements; Inconsistent 10-K Disclosures
Prior to 2020, the last significant revisions to Regulation S-K were over 30 years ago. As modernization of the human capital disclosure requirements have caught up with the times, companies are faced with setting reporting precedents. See our previous post that provides an explanation of the Regulation S-K amendments.
How did companies respond to the…
SEC Investor Advisory Committee Approves Recommendation on Minority and Underserved Inclusion
During its recent meeting, the Securities and Exchange Commission’s Investor Advisory Committee (the “Committee”) approved a recommendation to the SEC regarding minority and underserved community inclusion in investment and financial services. The Committee previously held a panel discussion on September 24, 2020, which focused on how minority community inclusion in investment and financial services is…