Proxy advisory firms Institutional Shareholder Services (ISS) and Glass Lewis (GL) have issued their policy updates for the upcoming 2023 proxy season. In general, ISS’s updates build incrementally on positions the firm has...more
12/7/2022
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Climate Change ,
Corporate Governance ,
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Environmental Social & Governance (ESG) ,
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Institutional Shareholder Services (ISS) ,
Proxy Season ,
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Publicly-Traded Companies
The SEC published final rules in late August 2022 that will require new pay versus performance disclosure in 2023 proxy statements, as described in our earlier client alert. These rules will require companies that are not...more
12/1/2022
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Disclosure Requirements ,
Executive Compensation ,
Final Rules ,
Financial Reporting ,
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Pay-for-Performance ,
Proxy Season ,
Proxy Statements ,
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Securities and Exchange Commission (SEC)
The 2022 Amendments have removed the requirements that call for proxy advisory firms claiming an exemption from proxy filing rules for solicitations to provide their proxy voting advice to subject companies and provide their...more
The two dominant proxy advisory firms — Institutional Shareholder Services (ISS) and Glass Lewis (GL) — have issued their policy updates for the 2022 proxy season. These updates reflect the continuing trend of institutional...more
12/15/2021
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Climate Change ,
Corporate Governance ,
Corporate Social Responsibility ,
Diversity ,
Dual Class Share Structures ,
Environmental Social & Governance (ESG) ,
Executive Compensation ,
Glass Lewis ,
Institutional Shareholder Services (ISS) ,
Proxy Season ,
Proxy Statements ,
Publicly-Traded Companies ,
Shareholder Meetings
On November 3, 2021, the staff (“staff”) of the Division of Corporation Finance (“Division”) of the U.S. Securities and Exchange Commission (“SEC”) published Staff Legal Bulletin No. 14L which reverses a series of...more
11/8/2021
/ Climate Change ,
Corporate Counsel ,
Corporate Governance ,
Corporate Social Responsibility ,
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New Guidance ,
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Proxy Advisors ,
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Proxy Statements ,
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Rule 14a-8 ,
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Shareholder Proposals