blogs.law.harvard.edu - 5/28/2009
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(Editor’s Note: This post is based on an op-ed piece by Professor Lucian Bebchuk published today on Wall Street Journal online.)
The Securities and Exchange Commission voted last week to ask the public to comment on a proposal to let shareholders place director candidates on the corporate ...
online.wsj.com - 5/24/2009
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online.wsj.com —
WASHINGTON -- The Securities and Exchange Commission imposed
tough new rules on trading by employees, following an...
investigation into the dealings of two veteran enforcement lawyers. The rules will, for the first time, prohibit staff from trading ...
(more)
SEC Slaps Trade Ban on Staff
sec.gov - 6/4/2009
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sec.gov —
Former CEO Angelo Mozilo Additionally Charged With Insider
Trading FOR IMMEDIATE RELEASE 2009-129 Washington, D.C., June 4,...
2009— The Securities and Exchange Commission today charged former Countrywide Financial CEO Angelo Mozilo and two other former ...
(more)
Press Release: SEC Charges Former Countrywide Executives ...
securitiesdocket.com - 6/2/2009
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securitiesdocket.com —
Today, SEC Chairman Mary Schapiro testifies before the
U.S. Senate Committee on Appropriations’ Subcommittee on Financial Services...
and General Government. A copy of her prepared testimony is available here. Key sections of her testimony are laid out below: »»REINVIGORATING SEC ...
(more)
Today’s Testimony of SEC Chairman Mary Schapiro Before ...
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"Crazy Compensation and the Crisis"
Economist's View —
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The SEC's Proxy Access Proposal: The Securities and Exchange Commission
voted last week to ask the public to comment on a proposal to let shareholders
place director candidates on the corporate ballot. The adoption of such a rule
would be a useful step toward the necessary reform of corporate elections. ... ...
SEC Approves Controversial Proposal Regarding Proxy Access for Corporate Board Elections
Corporate Compliance Insights —
... and threaten their ability to function,” warns John J. Castellani, president of the business interest group. Despite the objections, most observers seem to agree that the proposal has a strong likelihood of being approved and placed into practice. The SEC proposal is currently pending approval as it is out for public comment. According to Harvard professor Lucian Bebchuck, in an article posted at the Harvard Law School Corporate Governance Blog and the Wall Street Journal, the proxy access proposal by the SEC could tremendously improve corporate governance overall: The ...
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