On September 8, 2017, New York City Comptroller Scott M. Stringer and the New York City Pension Funds announced the launch of the “Boardroom Accountability Project 2.0.”1 The goal of Project 2.0 is to make the boards of 151 U.S. public companies2 “more diverse, independent, and climate-competent, so
David Taylor
Locke Lord QuickStudy: SEC Updates IPO Guidance: Issuers can Omit Interim Financial Information that will be Superseded
By David Taylor on
Posted in Uncategorized
On August 17, 2017, the Securities and Exchange Commission (“SEC”) updated its guidance with respect to interim financial information that issuers may omit from draft registration statements.1 Under the updated guidance, both an Emerging Growth Company (“EGC”) and a non-EGC can omit interim financial information…
Locke Lord QuickStudy: The NYSE Amends its Advance Notice Requirement for Dividend Announcements: NYSE Staff Now on Call 24/7
By David Taylor on
Posted in Uncategorized
On August 14, 2017, the SEC approved1 a rule change to the NYSE Listed Company Manual to require listed companies to provide notice to the NYSE at least ten minutes before making any public announcement with respect to a dividend or stock distribution, even when…