SEC Clarifies Need for GAAP Reconciliations for Forecasts Used in Business Combinations
M&A, Public Companies and Securities The SEC previously noted in a Compliance and Disclosure Interpretation that financial measures included in forecasts provided to a financial advisor and used in connection with a business combination transaction are not non-GAAP financial measures if: the financial measures are included in forecasts provided to the financial advisor for the purpose of rendering an opinion […] Read more →
ISS Updates FAQs on U.S. Proxy Voting Research and Policies
Public Companies and Securities ISS has updated its frequently asked questions on U.S. Proxy Voting Research Procedures & Policies (Excluding Compensation-Related). New and updated questions include: When... Read more →
Advocacy Group Requests SEC to Investigate Irregularities in Pay Ratios
Executive Compensation, Public Companies and Securities An advocacy group, Public Citizen, has requested the SEC to investigate irregularities and inconsistencies in pay ratios reported by public companies. According to the group’s... Read more →
Hensarling Pressures Senate to Negotiate Dodd-Frank Reform
Banking, Public Companies and Securities On March 14, 2018, the Senate passed the Economic Growth, Regulatory Relief and Consumer Protection Act which has been billed as Dodd-Frank reform. Some refer to it as the... Read more →