Tag: sec
SubscribeInvestment Managers Should Brace for Enhanced Proxy Vote Reporting
For nearly 20 years, mutual funds have been required to report to the public on the proxy votes they cast at annual shareholder meetings. The Securities and Exchange Commission now wants even more information about those votes. The SEC anno...
Read MoreActivist Investors Use SEC’s Shift to Press Companies on Climate and Social Agendas
When it comes to pushing for clean energy and environmentally responsible policymaking, publicly traded companies talk a big game. Their actions don’t match the rhetoric, though. That’s the takeaway offered by a report from sustainability a...
Read MoreSEC Unveils Compensation Clawback Rules
The Securities and Exchange Commission has issued its long-awaited rules on clawbacks for executive bonuses based on mistakes in financial reporting. Long-awaited by everyone except corporate executives, of course. The SEC first proposed ru...
Read MoreUncertainty Creeps into ESG Reporting
You’ve probably heard of greenwashing – token environmental sustainability programs that help corporations launder their reputations. Now there’s “green hushing.” Green hushing isn’t quite the inverse of greenwashing, but it’s close. Essent...
Read MoreAudit Failures Lead to SEC Action Against Deloitte-China
Some auditors in the Chinese affiliate of Big Four accounting firm Deloitte have apparently been taking a unique approach to their work. Rather than evaluating their clients’ financial reporting, they let the clients audit themselves, accor...
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