January 19, 2011
January 25th: SEC to Adopt Say-on-Pay Rules
We have winners! The 39% that guessed that the SEC would adopt final say-on-pay rules shortly after January 21st are right! The SEC has calendared an open Commission meeting next Tuesday, January 25th to adopt these rules, as well as propose a new definition of “accredited investor” and propose reporting obligation for investment advisors to private funds.
Assuming the SEC posts its adopting release on the same day as the open Commission meeting, we will cover the new rules during our January 26th CompensationStandards.com webcast: “The Latest Developments: Your Upcoming Proxy Disclosures–What You Need to Do Now!” If not, we will push back this webcast to cover the new rules as soon as the adopting release is out.
The Latest on Crisis Management
In this podcast, Stasia Kelly of DLA Piper provides guidance on how to handle a corporate crisis, including:
– What should a “Crisis Plan” include?
– What advice do you give to Boards about crisis management – both before and during a crisis?
– What should in-house counsel do to prepare for a crisis?
More on our “Proxy Season Blog”
With the proxy season in full swing, we are posting new items regularly on our “Proxy Season Blog” for TheCorporateCounsel.net members. Members can sign up to get that blog pushed out to them via email whenever there is a new entry by simply inputting their email address on the left side of that blog. Here are some of the latest entries:
– Analysis: Common Corp Fin Comments for Proxies
– Survey: Corporate Governance Practices
– The Virtual Meeting Failure: Symantec Points Finger
– A Proxy Is Not A Vote And Why It Matters
– Proxy Plumbing: Analysis of Comment Letters
– Proxy Season: A Harbinger or the Lull Before the Storm?
– Broc Romanek