The Conference Board has just released a new report, Corporate Board Practices in the Russell 3000, S&P 500, and S&P MidCap 400: 2021 Edition, a primary focus of which is board diversity.
Ransomware groups continue to proliferate, and attacks have become more common, sophisticated and successful.
Who could resist an article with this title—Are Narcissistic CEOs All That Bad?—from the Rock Center for Corporate Governance at Stanford University?...
Foley & Lardner
As "Green Bond" designations become more prevalent in the public finance market, many health care providers are asking: Are Green Bonds Right for Me? Not all transactions are able to achieve designation as...
With the most significant change since the GRI Standards launched in 2016, the revised Universal Standards set a new global benchmark for corporate transparency.
According to the Financial Times, "[p]ension funds and retail investors have complained for years over their lack of ability to vote at annual meetings when using an asset manager."
Cadwalader, Wickersham & Taft LLP
In this first installment of the Finance Forum Focus Series, Cadwalader special counsel Michael Ruder is joined by Alan Todd, Head of CMBS Strategy at BofA Securities.
A new petition has been filed challenging the Nasdaq board diversity rule (see this PubCo post).
In this new paper by a group of academics from the University of Richmond (and elsewhere), the authors explore whether companies might be timing when they record changes in their accounting estimates...
On January 1, 2021, Congress passed the CTA, which requires all entities formed in or registered to do business in the United States to report beneficial ownership information to FinCEN, subject to some exceptions, by no later than January 1, 2022.
Kramer Levin Naftalis & Frankel LLP
Despite SEC Chair Gary Gensler's recent statement that formal rules related to Environmental Social Governance (ESG) may slip to next year, the SEC recently began sending out letters prompting public companies to review...
Last week, after weeks and months of advisories and admonitions relating to recent ransomware attacks, the White House issued an extraordinary letter to "Corporate Executives and Business Leaders"...
Winston & Strawn LLP
On September 28, 2021, the Federal Trade Commission (FTC) announced additional changes to its merger review process that Bureau of Competition Director Holly Vedova stated would make the process "more rigorous."
The US Securities and Exchange Commission's (SEC) Division of Corporation Finance (Division) published a sample letter
Foley & Lardner
Although the term "smart contract" sounds like a legal instrument, a smart contract is actually a computer program that performs a task when triggered by the occurrence of a predetermined event.
In the last couple of years, many CEOs have felt the need to voice their views on political, environmental and social issues, such as racial justice and voting restrictions.
Proskauer Rose LLP
The acronym "ESG" is shorthand for environmental, social, and governance concerns.
Shutts & Bowen
Business Continuity Planning ("BCP") is the process of creating a system of prevention and recovery from potential interruptions and other threats to an organization.
Last week, Fitch Ratings announced the launch of new ESG ratings system, which is intended to use a "clear methodolog[y]," of a "full assessment of ESG performance" that "allow[s] for detailed comparability."
Arnold & Porter
This Advisory is the fifth in a series concerning environmental, social and governance (ESG) considerations for the financial services industry and other companies.