SEC investor advocate cautions on proxy adviser controls
The SEC’s investor advocate has urged the commission not to focus on reforms of the proxy advisory industry, amid growing pressure...
Regulatory & compliance archive
CII targets better ESG and human capital disclosure
The Council of Institutional Investors (CII) has called for action to be taken to improve issuers’ reporting around human capital...
Cleary Gottlieb lawyers eye improvements to quarterly reporting
Attorneys with Cleary Gottlieb Steen & Hamilton have urged the SEC to consider making changes to the quarterly reporting...
Fresenius pays $231 million to resolve FCPA actions
Bad Homburg, Germany-based company Fresenius Medical Care has agreed to pay a total of roughly $231 million to resolve...
CII backs quarterly reporting, but not guidance
The Council of Institutional Investors (CII) has given its support to the existing quarterly reporting model – but has voiced...
Sullivan & Cromwell attorneys back quarterly reporting flexibility
The SEC should avoid imposing additional rigid regulatory restrictions on quarterly earnings disclosure practices, according to...
The week in GRC: FCPA self-reporting program said to make progress, and SEC accuses Volkswagen of fraud
– The Wall Street Journal reported that Barrick Gold and Newmont Mining agreed to form a joint venture, thus cancelling Barrick’s...
Russia’s MTS settles FCPA case
Moscow-based Mobile TeleSystems (MTS), the largest mobile telecommunications company in Russia, has settled SEC and US Department...
SEC’s Peirce tackles CII on arb and shareholder proposals
SEC member Hester Peirce has questioned the Council of Institutional Investors’ (CII) stance on the key corporate governance...
The week in GRC: SEC proposes easing curbs on pre-IPO talks, and stock buybacks continue at speedy pace
– Reuters reported that senior Santander banker José Manuel Campa has been nominated to head the European Banking Authority (EBA)...
