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26 Dec 2021, 3:45 pm by Stuart Kaplow
Net Zero Pledges by Businesses are Fraught with Risk A Sea Change in SEC Climate Change Disclosure Brand Reputation is Number One Reason Businesses Engage in ESG Bury Your Head in the Sand and ESG will Go Away Gleaning the Direction of ESG Regulation The S in ESG may be the Most Impactful SEC Approves Nasdaq’s Race and Gender Board Disclosure Rules Department of Labor Proposes to Remove Barriers to Considering ESG in Plan Management Armed with that knowledge of what came before, there… [read post]
22 Dec 2021, 9:15 pm
The three dominant stock exchange families (particularly NYSE and NASDAQ) also have a stake in this rule, given that it is likely to prohibit similar broker inducements paid by stock exchanges. [read post]
10 Dec 2021, 4:59 am
Related research from the Program on Corporate Governance includes Politics and Gender in the Executive Suite by Alma Cohen, Moshe Hazan, and David Weiss (discussed on the Forum here); and Will Nasdaq’s Diversity Rules Harm Investors? [read post]
7 Dec 2021, 3:00 am by Liz Dunshee
The WSJ recently reported that for the third year in a row, more money has been raised through IPOs on Nasdaq than on the NYSE – in part because of SPACs, but also partly because of a perception that Nasdaq is more focused on ESG criteria. [read post]
6 Dec 2021, 6:12 am
Related research from the Program on Corporate Governance includes Politics and Gender in the Executive Suite by Alma Cohen, Moshe Hazan, and David Weiss (discussed on the Forum here); and Will Nasdaq’s Diversity Rules Harm Investors? [read post]
6 Dec 2021, 3:15 am by Liz Dunshee
For the Nasdaq Capital Market, the increase ranges from $1.5-4k/year. [read post]
3 Dec 2021, 12:37 pm by Silver Law Group
The company has missed important SEC filing deadlines, and has not yet filed financial statements for the first 3 quarters of 2021, causing Nasdaq to threaten to delist the company. [read post]
3 Dec 2021, 1:40 am by The White Law Group
  Shareholders were hopeful when the REIT listed its shares on the Nasdaq last year but a 2.43-to-1 reverse split left investors with disappointing results. [read post]
30 Nov 2021, 6:11 am
” The Nasdaq board diversity rule sets a “recommended objective” for most Nasdaq-listed companies to have at least two diverse directors on their boards; if they do not meet that objective, they will need to explain their rationales for not doing so. [read post]
29 Nov 2021, 6:04 am
Intending to prevent similar governance failures in the future, the Sarbanes-Oxley Act of 2002 (SOX) and the revised NYSE and NASDAQ listing standards were put in place. [read post]
29 Nov 2021, 3:30 am by David Lynn
Nasdaq notes in its proposal that, historically, SPACs chose to list on the Nasdaq Capital Market instead of the Nasdaq Global Market, in part, because it had lower fees and lower initial distribution requirements; however, nothing in NASDAQ’s rules prohibits a SPAC from listing on the Nasdaq Global Market. [read post]
23 Nov 2021, 3:00 am by John Jenkins
In its proposal, the NYSE noted that this is consistent with Nasdaq’s approach. [read post]
19 Nov 2021, 9:03 pm by Karis Stephen
In August 2021, the SEC approved additional board diversity disclosure obligations for Nasdaq-listed companies. [read post]
17 Nov 2021, 3:30 am by Liz Dunshee
For annual meetings of applicable Nasdaq-listed companies that are held after August 8, 2022, Glass Lewis will recommend voting against the chair of the governance committee when the required board diversity disclosure has not been provided. [read post]
16 Nov 2021, 2:13 pm by Kevin LaCroix
The California law and the Nasdaq rule arguably make these various individual board diversity lawsuits superfluous. [read post]
16 Nov 2021, 6:17 am
Related research from the Program on Corporate Governance includes Politics and Gender in the Executive Suite by Alma Cohen, Moshe Hazan, and David Weiss (discussed on the Forum here); and Will Nasdaq’s Diversity Rules Harm Investors? [read post]