Securities & Exchange Commission (SEC)

Finance

Michael R. Smith, David E. Meadows, J. Andrew Pratt | King & Spalding LLP

Section 951 of the Dodd-Frank Act requires public companies to hold an advisory shareholder vote on executive compensation at least once every three years, and most public companies are now holding annual votes. In imposing this periodic requirement, Congress made clear that shareholder say-on-...

Finance

Mark Roellig, Mark Nielsen | Massachusetts Mutual Life Insurance Company

Editor: How should General Counsels and Corporate Secretaries engineer their Board processes to ensure that all applicable corporate governance requirements are met? Nielsen: The first step in structuring effective Board processes is to develop an annual calendar. It is very helpful to create...

Finance

Christopher S. Petito, James W. Hahn, Anne C. Choe | Willkie Farr & Gallagher LLP

On June 5, 2013, the Securities and Exchange Commission (the “SEC”) proposed long-anticipated amendments to Rule 2a-7 and other rules under the Investment Company Act of 1940 (the “1940 Act”) and amendments to related disclosure requirements (the “Proposal”).[1...