Beat the CRA Clock At the end of March, Senator Sherrod Brown (D-OH), Chairman of the Senate Banking Committee, and Congressman Michael San Nicolas (D-Guam), Vice-Chair of the House Financial Services Committee, introduced (S.J. Res. 16; H.J. Res. 36) under the Congressional Review Act (CRA) to overturn recently adopted changes to the SEC’s shareholder proposal […]
The Storm Before the Storm: The Beginning of the End of the Roman Republic by Mike Duncan reviewed from something of a corporate governance perspective. The final victory over Carthage in the Punic Wars led to rising economic inequality, dislocation of traditional ways of life, increasing political polarization, the breakdown of unspoken rules of political conduct, the […]
Annette L. Nazareth of Davis Polk & Wardwell LLP nicely summarizes the provisions of the Restoring American Financial Stability Act of 2010 that passed the Senate in her post on the Harvard Law CorpGov blog, Senate Bill Passes with Broad Corporate Governance and Compensation Provisions, 5/21/10. Listing exchanges would be required to impose a majority […]
Members of the U.S. Senate Committee on Banking, Housing, and Urban Affairs were sent a AFRtoSenateLetterJan20-2010 from signatories representing a broad coalition of investors and market participants (including the publisher of CorpGov.net) urging them to require proxy access and majority votes for director elections. We believe Congress should adopt director election reforms in two ways: […]