30 Dec, 2021 California Law Puts More Women in Corporate Board Seats By Joel I. Papernik According to the San Diego Union Tribune, California is pleased with the results of its 2018 gender diversity law. It has contributed to...
20 Dec, 2021 Divestment from Fossil Fuel Companies Expands and Accelerates By Jacob H. Hupart Today, UBS Asset Management announced that it would divest from five energy companies, including ExxonMobil, because these companies are...
20 Dec, 2021 SEC Commissioner Crenshaw Voices Additional Support for ESG Disclosures By Jacob H. Hupart Last week, SEC Commissioner Crenshaw--one of the Democratic members of the SEC Commission--addressed the Center for American Progress and...
17 Dec, 2021 SEC Floats Tougher Rules By Joel I. Papernik The SEC is proposing changes that would impose additional conditions on 10b5-1 plans. As noted, if adopted, users of the plans would be...
17 Dec, 2021 Singapore Exchange Mandates Climate Disclosures By Jacob H. Hupart Yesterday, the Singapore Exchange announced that "[a]ll issuers must provide climate reporting on a 'comply or explain' basis in their...
17 Dec, 2021 SEC Commissioner Pierce Criticizes ESG Regulations By Jacob H. Hupart Yesterday, SEC Commissioner Pierce--one of two Republican SEC Commissioners--availed herself of the opportunity presented by a statement...
16 Dec, 2021 What Does it Take to Win 2/3 of the Time? By Stephen M. Osborn It was a cold November day in 2019 when the San Francisco Giants announced Gabe Kapler as their manager. I was disappointed. My...
14 Dec, 2021 Labor Politics and Antitrust Enforcement in Labor Markets By Joseph M. Miller The FTC and Antitrust Division held a workshop last week focused on labor issues, which superficially appears to be a continuation of the...
11 Dec, 2021 SEC's Acting Chief Accountant Emphasizes Significance of Climate Disclosures By Jacob H. Hupart This week, the SEC's Acting Chief Accountant, Paul Munter, issued a statement concerning "High Quality Financial Reporting in a Complex...
10 Dec, 2021 (Even) more of the same for 2022?! By Daniel B. Guggenheim I will admit that those of us in the commercial real estate world have a tendency to throw around phrases like "jammed", "buried", "under...
03 Dec, 2021 SEC Commissioner Crenshaw Focuses on Internal Controls Concerning ESG Risks By Jacob H. Hupart In a recent speech, SEC Commissioner Crenshaw, one of the Democratic appointees to the Commission, focused on the role internal controls...
03 Dec, 2021 SEC Chairman Gensler Re-Affirms Focus on Climate Disclosures By Jacob H. Hupart SEC Chairman Gensler, in a set of prepared remarks before the Investor Advisory Committee that focused on cryptocurrency, nonetheless...
23 Nov, 2021 SEC Rule Change to Clear Path for Investors on Corporate Boards By Joel I. Papernik The proxy rule changes coming into effect after the coming proxy season are thought to have the effect (possibly intended) of making it...
19 Nov, 2021 New York State Department of Financial Services Issues Guidance to Insurers Concerning Climate Change By Jacob H. Hupart The New York State Department of Financial Services ("DFS")--one of the primary state regulatory authorities in New York--has now issued...
19 Nov, 2021 Rating Agency Identifies Increased Use of ESG Metrics in Credit Agreements By Jacob H. Hupart Fitch Ratings, one of the three major credit rating agencies, recently issued a report noting the increasing use of ESG metrics in credit...
12 Nov, 2021 New Standard-Setting Body for Climate Change Disclosures Announced at Glasgow Climate Change Conference By Jacob H. Hupart The International Financial Reporting Standards Foundation, the non-profit foundation that oversees the International Accounting...