I suspect that many readers of this blog have read any number of blog posts, articles, and other materials on the SEC’s proposal to make quarterly reporting optional. (I myself have previously written two posts – here and here – on the subject.) Many of these materials point out the potential benefits and risks of
The SpaceX IPO is now history, but Senator Elizabeth Warren may not be happy about it. A few days before the IPO was completed, Senator Warren sent a letter to SEC Chair Paul Atkins about the IPO. The letter is full of impassioned (some might say melodramatic) prose about the horrors that await those who
Several weeks ago, I received an email from someone who claimed to be conducting a search for an individual who would serve as a director and chair of the nominating and governance committee of the board of “a major enterprise client.” Among (many) other things, the email stated that my profile “stands out as a
In April, the SEC took one of its first steps to revise the rules governing public company disclosures and transactions, when it issued an exemptive order permitting certain all-cash tender offers for equity securities to close in as few as 10 business days, rather than the minimum of 20 business days specified in the rules.
The SEC has indicated that it is fast-tracking President Trump’s “suggestion” that quarterly reporting be eliminated. While it is unclear how the elimination of quarterly reporting will be implemented, one thing seems clear: unless the SEC increases the number of items that trigger an 8-K filing (or something close to that), there will likely be
Once again it is time for our annual departure from all things SEC- and governance-ish so that I can let you know about my favorite reads of the year gone by.
In case you’re wondering about the title of this post, it reflects my view that book critics who tell us what they think were
I’m not referring to the kind of proposal at the right; rather, I’m referring to shareholder proposals – one of the topics of a recent Executive Order signed by our fearless leader. (Yes, that is a reference to Rocky and Bullwinkle).
I’ve already commented on the possible impact of the Executive Order on proxy advisory
The good news is that the administration is reported to be working on an executive order to restrict proxy advisory firms. The bad news is that the administration is reported to be working on an executive order to restrict proxy advisory firms.
If the preceding paragraph seems contradictory, read on.
I am no fan of
A few months ago, I wrote a post addressing the use of artificial intelligence in the boardroom. While the focus of the post was using AI (or not) to draft minutes, I also asked (with apologies for quoting myself), “whether a robot equipped with AI can serve as a director.” At the time, I
The new, improved SEC was just beginning to show its stuff when the federal government shut down on October 1. In the weeks before the shutdown, the SEC had, among other things, approved ExxonMobil’s innovative program enabling retail investors to provide standing voting instructions (see our E-Alert on the subject) and dropped its opposition to