MSCI study finds that company performance and CEO pay don’t always align; SEC proposes Regulation S-K disclosure simplification amendments; State Street reports on board leadership structure voting for first half of 2017; CEO overboarding continues to be area of focus for investors; and SEC seeks a budget increase for fiscal year 2019.
ISS’ 2018 Global Policy Survey results released; NYC Comptroller’s office launches Boardroom Accountability 2.0; SEC Chairman addresses cybersecurity at the Commission; and SEC approves interpretive guidance on pay ratio.
Genstar Private Equity firm to acquire proxy advisor ISS; Robert Jackson nominated for SEC Commissioner vacancy; PCAOB publishes Staff Inspection Brief on 2017 inspections; and SEC receives public comments on the PCAOB's proposed new auditor reporting model.
Comments received urges SEC to revise/reject new PCAOB auditor reporting standard; SEC simplifies IPO process; Activists continue to seek changes in board composition; and State Street issues guidance for climate disclosure.
Federal Reserve Board proposes enhanced supervisory expectations for boards; Search for new PCAOB chair and board members commences; Survey reveals trends in corporate director pay; 2017 proxy access proposals focused on bylaws amendments; Boards refine peer group selection and Business Roundtable requests pay ratio exclusions.