Here is your recap of important topics we covered last month in our blog, The Securities Edge. Did you miss them? Sign up now to receive future blog posts by email as soon as each is published.
Reducing small biz burdens
Up to the JOBS Act? Probably not ...
On January 14, the House of Representatives passed HR 37, the “Promoting Job Creation and Reducing Small Business Burdens Act.”
The White House issued a veto threat because the bill also delays part of the Volcker Rule until July 21, 2019.
There are some interesting ideas in HR 37 that Gunster securities attorney David Scileppi supports and hope will eventually make it into a revised bill, including an exemption from the Securities Exchange Act of 1934 for certain business brokers. Read more >>
New name, old issue
The challenges in 'refreshing' board committees
Governance practitioners have been grappling with the issue of board and committee refreshment – rotating directors off and on committees to keep them fresh and receptive to new ideas – for many years, although the term "refreshment" is new.
In this post, Gunster corporate governance attorney Bob Lamm discusses some of the challenges associated with refreshing board committees, as well as tools and tips that can help a board better execute this important responsibility. Read more >>
Bob's Upticks
Timely news and comments on securities and corporate governance developments.
It's a challenging issue when a CEO becomes seriously ill. First, there isn't any rule that tells us whether and what to disclose in this situation.
Something shocking happened at the SEC yesterday. SEC Chair Mary Jo White directed the SEC staff to review its long-standing position on when a shareholder proposal conflicts with a company proposal and may be excluded from the proxy statement.
There have been a number of press reports in recent days about attempts by the new Republican majority to repeal all or part of Dodd-Frank. Depending upon whom you choose to believe, the Republicans want to eviscerate it, and the Democrats refuse to change one word.
This is the continuation of a tradition I started when I was chair of the Securities Law Committee of the Society of Corporate Secretaries and Governance Professionals.
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This publication is for general information only. It is not legal advice, and legal counsel should be contacted before any action is taken that might be influenced by this publication. Gunster, Florida’s law firm for business, provides full-service legal counsel to leading organizations and individuals from its 11 offices statewide. Established in 1925, the firm has expanded, diversified and evolved, but always with a singular focus: Florida and its clients' stake in it. A magnet for business-savvy attorneys who embrace collaboration for the greatest advantage of clients, Gunster’s growth has not been at the expense of personalized service but because of it. The firm serves clients from its offices in Fort Lauderdale, Jacksonville, Miami, Orlando, Palm Beach, Stuart, Tallahassee, Tampa, The Florida Keys, Vero Beach and its headquarters in West Palm Beach. With more than 170 attorneys and 200 committed support staff, Gunster is ranked among the National Law Journal’s list of the 350 largest law firms. More information about its practice areas, offices and insider’s view newsletters is available at www.gunster.com. |
