by David Schwartz J.D. CPA | Oct 12, 2021 | All, Cross-Post, Disclosure Regimes
The Securities and Exchange Commission issued a proposal to expand investment company disclosures of their proxy voting activities. If adopted, the rules would enhance the information mutual funds, exchange-traded funds, and other regulated investment companies are...
by David Schwartz J.D. CPA | Oct 19, 2020 | All, Commentary, Cross-Post, Disclosure Regimes
Sustainable investing is becoming more important to investors when creating portfolios. As a result, institutions often follow policies with formal environmental, social, and governance (ESG) factors to guide their investments. They commit substantial resources to ESG...
by David Schwartz J.D. CPA | Sep 21, 2014 | All, Change Overview and Rationale, Lender Directed Voting
The Financial Reporting Council (FRC), UK’s independent regulator responsible for promoting high quality corporate governance and reporting to foster investment, has issued a revised UK Corporate Governance Code. The changes to the Code are designed to strengthen the...
by David Schwartz J.D. CPA | Sep 17, 2014 | All, Formal Regulatory Remedies, Procedural Changes
While regulators should have clear expectations for boards, we need to make sure that we are creating expectations that lead to boards spending more time overseeing . . . risk-management and control functions . . . A recent address by Federal Reserve Governor Daniel...
by David Schwartz J.D. CPA | Jun 14, 2014 | All, Lender Directed Voting, Procedural Changes
The Economist reports that Mediobanca, an Italian investment bank formed in 1946 assist in the reconstruction of Italian industry, has commenced a planned sell-off of $2.2 billion in equity holdings as part of an effort to refocus the firm on its core mission of...
