Dodd-Frank Employment
SEC Updates Rulemaking Timetable
Employment, Executive Compensation, Investment Advisers, Municipal Advisors, Public Companies and Securities The SEC has updated its Dodd-Frank rulemaking schedule. Highlights of those rules slated for action in the January to June timeframe of 2012 are as follows: §952: Adopt exchange listing standards regarding compensation committee independence and factors affecting compensation adviser independence; adopt disclosure rules regarding compensation consultant conflicts §§953 and 955: Propose rules regarding... Read more →
One Cincinnati Bell Say-on-Pay Case Settled, Second in Limbo
Employment, Executive Compensation, Litigation, Public Companies and Securities Cincinnati Bell has agreed to settle one of the say-on-pay law suits which is pending against it in the Hamilton County Court of Common Pleas. The lawsuit arises out of the... Read more →
New Acronyms: P4P, RDA, PTA & MOM – ISS Issues Guidance on New Pay-for-Performance Methodology
Employment, Executive Compensation, Public Companies and Securities ISS previously issued its 2012 policy update. ISS has now delivered the promised additional guidance on the 2012 Pay-for-Performance (P4P) methodology in a technical document.... Read more →
Now the CFPB is Looking for Whistleblowers
Banking, Consumer Protection, Employment The Consumer Financial Protection Bureau, or CFPB announced several ways that whistleblowers can alert the Bureau to potential violations of federal consumer financial laws. But... Read more →
FINRA Proposes Amendment to Conform Arbitration to Dodd-Frank
Broker-Dealer, Employment, Litigation FINRA has filed a proposed rule change to amend FINRA Rule 13201 of the Code of Arbitration Procedure for Industry Disputes to align the rule with statutes that invalidate... Read more →
DOL Publishes New Rule for Sarb-Ox Retaliation Complaints
Employment The Dodd-Frank Act amended the Sarbanes-Oxley whistleblower provisions. The Department of Labor has published interim final rules to take into account the amendments. According... Read more →
ISS Signals 2012 Voting Policies
Employment, Executive Compensation, Public Companies and Securities ISS has posted its draft 2012 policies for comments. The policies indicate a departure from prior ISS positions in evaluating executive compensation. Perhaps more... Read more →
A Comparison of the Cincinnati Bell and Beazer Say-on-Pay Decisions
Employment, Executive Compensation, Litigation, Public Companies and Securities In Cincinnati Bell, the United States District Court declined to grant a motion to dismiss a law suit resulting from a failed say-on-pay vote (a copy of the decision is available... Read more →
The Errors in the Cincinnati Bell Say-on-Pay Decision
Employment, Executive Compensation, Litigation, Public Companies and Securities As we noted, the United States District Court for the Southern District of Ohio recently declined to grant a motion to dismiss filed by the officers and directors of Cincinnati... Read more →
Court Refuses to Dismiss Say-on-Pay Lawsuit
Employment, Executive Compensation, Litigation, Public Companies and Securities The United States District Court for the Southern District of Ohio recently refused to grant the defendants’ motion to dismiss litigation resulting from Cincinnati Bell’s... Read more →