Reversing regulatory course: JOBS Act will ease capital formation and reduce regulations on new and private companies *

USA - March 28 2012
On March 27, 2012, the U.S. House of Representatives approved the U.S. Senate version of the Jumpstart Our Business Startups Act or “JOBS Act”.

Co-authors: Alexander J. May, Elaine Wolff, William L. Tolbert, Jerry J. Burgdoerfer.

NYSE Rule 452 corporate governance proxy proposals *

USA - January 30 2012
On January 25, 2012, NYSE Regulation, the independent regulatory subsidiary of NYSE Euronext, released an Information Memo announcing a change to the application of New York Stock Exchange LLC (“NYSE”) and NYSE Amex Equities LLC (“NYSE Amex Equities”, and together with the NYSE, the “Exchange”) Rule 452 (relating to when member organizations may vote customer shares without specific client instructions) to certain types of corporate governance proxy proposals.

Co-authors: William L. Tolbert.