By Porter Wright on On July 2, 2013, the United States District Court for the District of Columbia (the “Court”) vacated Securities and Exchange Commission (“SEC”) Rule 13q-1 (the “Rule”), which required certain companies to disclose payments made to foreign governments in connection with the commercial development of oil, natural gas or minerals. The Court found that (i) the … Continue Reading
By Porter Wright on Even though the Dodd-Frank Act is already in effect, the full scope of the law will not be known until numerous regulations are finalized. Public companies faced with complying with these future regulations should consider taking the following actions now to be ready for the new rules: Decide how often to recommend say on pay … Continue Reading
By Porter Wright on Tomorrow, President Obama is expected to sign Congress’s financial regulatory reform bill known as the Dodd-Frank Wall Street Reform and Consumer Protection Act. The focus of the new law is banking, and the reforms are indeed “sweeping,” but the Act will also have a direct and immediate impact on the SEC. Consider this by-the-numbers summary … Continue Reading
