Trump Administration Plan for Financial Regulation Includes Reducing Regulatory Compliance Activities for Bank Boards
Banking, Trump The U.S. Department of the Treasury today issued its first in a series of reports to President Donald J. Trump examining the United States’ financial regulatory system. Appendix B to the report includes 16 pages of detailed recommendations, noting which actions do not require further legislation. The action is not meant to displace the Financial […] Read more →
Separate Shareholder Vote to Approve Insider Transaction Found Coercive Under Corwin
M&A Sciabacucchi v. Liberty Broadband Corporation (Del. Ch. 2017) involved Charter Communications, Inc.’s (“Charter” or the “Company”) acquisition of Bright House... Read more →
PCAOB Approves Expanded Auditor’s Report to Require Communication of Critical Audit Matters
Public Companies and Securities The Public Company Accounting Oversight Board adopted a new auditor reporting standard that will require more information about the audit. The new standard is subject to SEC... Read more →
Early Revenue Recognition Adopters Provide Some Guidance on MD&A Disclosures
Public Companies and Securities I recently wrote a blog on considerations for MD&A disclosures on adoption of the new revenue recognition standard. After learning a few Form 10-Qs had been filed by early... Read more →