Corporate > AG Deal Diary
09 Jul '18

Akin Gump has issued an alert detailing the background, key provisions, enforcement and penalties of the recently passed California Consumer Privacy Act. In addition, we outline proactive steps for businesses to take to protect themselves from the likely effects of the act.

Click here to read the full alert.

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23 May '18

On May 11, 2018, the U.S. Securities and Exchange Commission’s (SEC) Division of Corporation Finance (the Division) consolidated and updated its interpretations of the proxy rules and Schedules 14A and 14C. The interpretations, still grouped by Rule or Schedule section, but now in the question-and-answer format of the Division’s other Compliance & Disclosure Interpretations (C&DI), replace the interpretations published in the Proxy Rules and Schedule 14A Manual of Publicly Available Telephone Interpretations and the March 1999 Supplement to the Manual of Publicly Available Telephone Interpretations (collectively, the Telephone Interpretations). In particular, C&DIs 124.01, 124.07, 126.02, 151.01, 161.03 and 163.01 reflect substantive changes to the Telephone Interpretations, while C&DIs 126.04, 126.05, 158.01 and 158.03 reflect technical revisions. The remaining C&DIs reflect only nonsubstantive changes to the Telephone Interpretations.

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18 May '18

This week, we highlight a report by the EY Center for Board Matters that analyzes independent directors who were elected by shareholders to the board of a Fortune 100 company for the first time in 2017. The research shows that companies are continuing to bring fresh and diverse perspectives into the boardroom, and enhancing the alignment of board composition with their forward-looking strategies.

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07 May '18

Akin Gump has issued an alert detailing the Securities and Exchange Commission’s (SEC’s) proposed new interpretation of fiduciary duties of investment advisers under the Investment Advisers Act of 1940, as amended. The alert discusses how the SEC interprets the duty of care, the duty of loyalty, the ability to “disclose away” as well as potential additional requirements.

Click here to read the full alert.

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16 Apr '18

New ISS Help Center

On April 9, 2018, Institutional Shareholder Services Inc. (ISS) launched a new online communications portal, the ISS Help Center, to provide a simplified interface for submitting questions to ISS Research.  The new Help Center will be used for submitting questions and requests to ISS for a number of important subjects, including:

  • proxy voting and shareholder meeting research
  • QualityScore corporate profiles and methodology questions
  • research engagement requests
  • submissions and disclosures relating to company data

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30 Mar '18

This week we highlight a report by ACCA on the difference one year makes in auditor reporting standards since the IAASB’s changes. The analysis looks across the implementation of the new standards in eleven countries and draws upon a detailed analysis of 560 new-style audit reports and feedback from roundtables, at which stakeholders gave their perspectives on the new reports.

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16 Mar '18

This week we highlight a report by BDO’s Center for Corporate Governance and Financial Reporting on a variety of topics that corporate management and boards of directors should be prepared to address in connection with their 2018 annual meetings. The main issues include the impact of efforts by the current administration regarding taxes and deregulation, as well as corporate accountability and compliance concerns.

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28 Feb '18

Akin Gump has issued an alert on SEC guidance regarding disclosure of material cybersecurity risks and incidents to investors, comprehensive policies and procedures related to cybersecurity risks and insider trading policies of public companies that should address and protect against misuse of nonpublic information related to cybersecurity risks.

Click here to read the full alert.

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