SEC

How Regulators and PwC Fooled Reporters—Again

Is the PCAOB really investigating PricewaterhouseCoopers (PwC) for its role in the Mattel auditing mess? I may be wrong, but I seriously doubt it....

The SEC’s Shareholder Voting Reform Runs Counter to Attempts at Democratizing Corporate America

The SEC should drop its proposed changes or modify them so that they are less onerous and less damaging to the rights of shareholders...

Over 60 Leading Finance Economists Ask SEC to Revise the Shareholder Voting Draft Reform

The new regulation that Security and Exchange Commissioners voted in November doesn't fix proxy advisory industry duopoly problems, but it actually makes them worse:...

New Rules on Shareholder Voting Debate: Best Readers' Comment

The draft SEC regulation on shareholder proposal and proxy advisory firms will curb the initiative of individual shareholders to improve corporate governance and transparency...

Shareholders at the Gate: The Increasing Pressure on CEOs for More Transparency

The average share of votes in favor of proposals that require corporate executives to disclose political and lobbying spending is trending up. But a...

The SEC Proposal on Proxy Advisory Firms Will Provide Greater Transparency and Accountability

Proxy advisory firms lack transparency and their recommendations are not always in shareholders' interests. However, despite their poor performance, the two biggest firms' market...

Why CEOs and Regulators Clash With the Duopoly of Proxy Advisory Firms

Institutional investors that own between 70 and 80 percent of the market value of US public companies often rely on investment advisers voting on behalf of...

Fake Letters Poisoned the Debate on SEC's New Rules on Shareholder Votes and Proxy Advisory Firms

SEC Chairman Jay Clayton claimed that the draft regulation on shareholders' votes and proxy advisory firms received approval by hundreds of "Main Street" Americans....

The New SEC Proxy Rules Will Redefine American Capitalism: Let’s Debate Them

A new SEC proposal regarding proxy advisors will make it harder for shareholders to vote against CEOs' preferences. However, there is a 60-day period...

The SEC's Proposal on Proxy Advisor Regulation Shields CEOs From Accountability to Investors

SEC Commissioner Robert Jackson dissented from his SEC colleagues' proposal on how to reform proxy advisors regulation. New rules, he argues, would introduce a...

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