The SEC’s Division of Corporate Finance meets with ACC members

Guest blogger: Lily Hughes is VP & Associate General Counsel of Ingram Micro Inc., a Fortune 100 global leader in IT distribution, mobile device lifecycle services and logistics solutions. Lily advises the company’s senior executives and business teams on corporate securities and regulatory requirements, corporate governance, finance & treasury matters, investor relations and communications, tax, executive compensation, mergers & acquisitions, equity plans, and strategic vendor and customer agreements.

Even without a permanent director, the Securities and Exchange Commission’s Division of Corporate Finance is clear on its priorities and the work it plans to finish. On Friday, May 10, 2013, ACC Advocacy and the Corporate and Securities Law Committee hosted our annual ACC-members only meeting with the Division. Continue reading

A Word on Compliance … From the Enforcers

In an effort to improve both enforcement practices and corporate compliance efforts, the Ethics Resource Center hosted a Policy Summit on Feb. 12, 2013, called “Improving Corporate Conduct through Pro-Compliance Enforcement Practices.” ACC Advocacy staff attended the summit, as part … Continue reading

ACC Corporate and Securities Committee Opposes Proposed SEC Rules on Director Nominations

ACC’s Corporate and Securities Committee (CSL), in a supplemental letter to the Securities and Exchange Commission dated January 19, voiced concerns that the proposed rules “Facilitating Shareholder Director Nominations” would unintentionally harm long-term shareholders by mandating the right of short-term … Continue reading

In Comments to SEC, ACC Committee Supports Improvements to Notice and Access Process

In a November 20 letter to the U.S. Securities and Exchange Commission, the ACC Corporate and Securities Law Committee (CSLC) comments on the SEC’s Proposed Rule amending rules on internet availability of proxy materials. Among other changes, the Committee recommends … Continue reading

Corporate and Securities Committee Comments On SEC’s Proposed Proxy Disclosure/Solicitation Rules

ACC’s Corporate and Securities Committee (CSL), in a letter filed September 15th, registered concerns over several aspects of the Securities and Exchange Commission’s proposed Proxy Disclosure and Solicitation Enhancements. SEC proposals include enhanced compensation disclosures, director and nominees disclosures, disclosures … Continue reading

Corporate and Securities Committee Cites Issues with Proposed SEC Rules

ACC’s Corporate and Securities Committee (CSL), in a letter dated August 17, registered concerns over several aspects of the proposed Proxy Access Rule, and lists several areas which must be addressed in the event the Securities and exchange Commission proceeds. … Continue reading

ACC’s Corporate & Securities Law Committee Sends Comments to RiskMetrics re: Draft 2009 Governance Policies

RiskMetrics Group, Inc. (RMG), one of the leading providers of corporate governance services, prepared draft governance policies which reflect changes under consideration for 2009. The Corporate & Securities Law Committee of ACC sent comments on the proposals covering several areas … Continue reading