SEC Proposes Amendments to Update and Simplify Disclosure Requirements
On Wednesday, July 13, the SEC proposed amendments to eliminate certain outdated or redundant disclosure requirements as part of its overall disclosure effectiveness review.
SEC Approves Nasdaq “Golden Leash” Disclosure Rules
Recently, the SEC approved Nasdaq’s proposed rule to require listed companies to publicly disclose “golden leash” compensation or payments by third parties to directors or nominees in connection with their service on or candidacy for such company’s board.
2016 Proxy Season Results Reported
With half of the year completed, commentators are noting trends in 2016 proxy season voting results. Overall, shareholder support in director elections declined in 2016 compared to 2015, and shareholder proposals involving proxy access were the shareholder proposals most likely to garner majority shareholder support.
The Ticker shares recent developments in SEC compliance, capital markets, corporate governance, executive compensation and other matters important to public companies and their officers and directors. It is published by Fredrikson & Byron’s Public Companies Group.