Legislative Update: JOBS Act 3.0 Covers Quarterly Reporting, Insider Trading and Multi-Class Share Structures

With overwhelming bipartisan support, on July 17 the U.S. House of Representatives approved the JOBS and Investor Confidence Act of 2018 (S. 488), also known as the JOBS Act 3.0. It aims to jumpstart startups [...]

By |2021-04-08T14:52:26-07:00July 18, 2018|Blog|Comments Off on Legislative Update: JOBS Act 3.0 Covers Quarterly Reporting, Insider Trading and Multi-Class Share Structures

Glass Lewis Submission to SEC on Proposed Dodd-Frank Section 956 Regulations

As discussed in our prior post, new regulations have been proposed to prohibit incentive-based pay arrangements that encourage inappropriate risk, in line with section 956 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. [...]

By |2021-04-08T14:54:36-07:00July 27, 2016|Blog, Regulatory Matters|Comments Off on Glass Lewis Submission to SEC on Proposed Dodd-Frank Section 956 Regulations

SEC Sharpens Clawbacks

Last week, a six-agency brain trust of regulators released a draft of rules to implement section 956 of the Dodd-Frank Act, covering incentive-based pay arrangements that could encourage risk or excessive pay among financial institutions. [...]

By |2021-04-08T14:54:53-07:00May 9, 2016|Blog|Comments Off on SEC Sharpens Clawbacks

Pay Disparity Disclosure Proposed by SEC Commissioners

In a three to two vote held Wednesday, SEC Commissioners proposed a rule requiring U.S. public companies to disclose the ratio of total CEO pay to median employee pay. The rule was included as part [...]

By |2015-10-29T14:25:35-07:00September 19, 2013|Blog|Comments Off on Pay Disparity Disclosure Proposed by SEC Commissioners