SEC Responds to Chinese Crackdown with New Disclosure Requirements
Time to add a new term to your financial vocabulary: variable interest entities, also known VIEs. They’re playing a key role in an escalating economic tiff between the United States and China, and U.S....
View ArticleActivist Claims Oatly’s ESG Program is More Sizzle Than Steak
Among the cavalcade of big-budget commercials that aired during the Super Bowl this year, an ad for Oatly oat milk stood out for its abject weirdness. While other companies rolled out star-studded ads...
View ArticleGensler’s Crypto Campaign Starts to Take Shape
Cryptocurrency evangelists are quick to tell you that digital money will be the foundation of our monetary system in the future. On that theory, at least, it counts as “infrastructure.” Capitol Hill...
View ArticleSEC Blesses Nasdaq’s New Rules for Board Diversity
The Securities and Exchange Commission last week approved a request from the Nasdaq stock exchange to enact rules that would prod listed companies to diversify their boards of directors. We previously...
View ArticleGoodwill Impairment Problems Haven’t Gone Away
Remember the hubbub over goodwill impairment? Back before the coronavirus knocked the world off its axis, it was kind of a big deal. In fact, in early 2020, regulators were looking at redefining the...
View ArticleGensler Looks to Tighten Rules for 10b5-1 Plans
While their companies were busy last year developing vaccines to help fight the coronavirus, executives at major pharmaceutical companies were busy cashing in on stock sales. Their trades involved more...
View ArticleSEC Digs in on Insider Trading Enforcement
Low-level employees at a high-flying tech company team up with their buddies to make millions off illicit stock trades by exchanging corporate secrets. It sounds like the kind of story Netflix might...
View ArticleLegal Entanglements Have SPACs Feeling Frosty
With temperatures continuing to soar across the United States, winter still seems awfully far away. But as Axios pointed out in a recent newsletter, it’s starting to get chilly in the world of special...
View ArticleShareholder Proposal Asks Nike to Prove It’s a Role Model
In 1993, Charles Barkley helped Nike build its edgy reputation with young audiences when he disavowed the idea that he had to set an example for kids. In a controversial commercial, the NBA superstar...
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