SEC (finally) jumps into ESG fund fracas
The SEC has taken the first steps to create some much-needed semblance of order and structure in the ESG investment industry.
Doug Chia
- Aug 16
Comment Letter: SEC Proposals on ESG Fund Names and Disclosures
I support the Commission’s efforts to enhance the level and quality of disclosure required by funds that claim to invest based on ESG...
Doug Chia
- Dec 14, 2021
Staff Legal Bulletin 14L and the Significant Social Policy Exception: A Possible Solution?
Determining what is a "significant social policy issue" under Rule 14a-8(i)(7) desperately needs a multi-pronged test.
Doug Chia
- Dec 1, 2021
Staff Legal Bulletin 14L: No More Nexus
Shouldn’t there be a nexus between a shareholder proposal and the company at which it is filed? The answer to this question seems obvious.
Doug Chia
- Nov 10, 2021
(First in a Series of) Thoughts on Staff Legal Bulletin No. 14L
The term “significant policy issue” doesn’t appear anywhere in Rule 14a-8. So, where does this exception come from?
Doug Chia
- Oct 4, 2021
Update on VSM-Related Proposals
The SEC staff has posted the letter it sent to Brinker International regarding The Humane Society's VSM shareholder proposal.
Doug Chia
- Sep 28, 2021
The Virtual Annual Meeting Shareholder Proposals!
The SEC staff appears to have flipped the script on shareholder proposals about virtual shareholder meetings.
Doug Chia
- Apr 19, 2021
When Disclosure Is the Better Part of Valor: Lessons From the AT&T Regulation FD Enforcement Action
The AT&T enforcement action shows the SEC continues to examine corporate strategies to influence securities analysts’ quarterly estimates.
Doug Chia
- Oct 8, 2020
The Soundboard Governance Challenge
How many of these 40 acronyms can you spell out? I'm willing to bet that no one can nail 40 out of 40.
Doug Chia
- Apr 7, 2020
COVID-19 Annual Meeting and SEC Disclosure Checklist and Best Practices Reference Guide
ProxyAnalytics and SoundboardGovernance have published a COVID19 Annual Meeting & SEC Disclosure Checklist & Best Practices Reference Guide.
Doug Chia
- Jan 7, 2020
SEC Proposes Auditor Independence Rule Amendments
The SEC says these proposed amendments also "would increase the number of qualified audit firms an issuer could choose from."
Doug Chia
- Dec 2, 2019
Say it ain't so, Broc. Say it ain't so!
A fond farewell to Broc Romanek, pillar of the corporate securities and governance community.
Doug Chia
- Sep 9, 2019
The SEC's Proxy Advisory Firm Guidance
What really needs to happen is throwing sunshine on the funds that heavily rely on PAFs. That's where some novel disclosure requirements...
