Tag Archives: SEC

Having your say on pay

As the new reality of “say on pay” votes by shareholders settles in, a guiding strategy for companies should be to have your own say. Investor relations professionals (and senior execs) need to learn how to communicate more clearly and proactively on pay and governance. By last week, 20 U.S. companies had lost (failed to get [...]

Alarm as NYSE seeks to add IR services to rulebook

IN A move that has set off alarm bells at smaller investor relations services providers, the New York Stock Exchange (NYSE) wants to add a new section to its rules promoting a suite of products to its listed companies. The services, which are provided to listed companies as part of their annual listing fees, are [...]

Annual report in two pieces

As an investor relations person, I love this time of year. I enjoy working on clients’ year-end reporting, of course – but it’s also a time when I get to experience IR from the other side, as a member of the audience. Believe me when I say I am a small shareholder of a few [...]

Which companies care about retail shareholder votes?

NATIONAL Investor Relations Institute (NIRI) CEO Jeff Morgan noted in his weekly message yesterday that the US Securities and Exchange Commission (SEC) wants companies to help educate retail investors about proxy voting by adding links on their websites to the SEC’s educational materials. This is the second consecutive year that Morgan has gone to bat [...]

XBRL buyers’ guide for first-time filers

SINCE many companies have yet to make a decision about how they will meet the US Securities and Exchange Commission’s (SEC) looming XBRL deadline, we have put together a “Shoppers Guide” to help them navigate their way through the XBRL vendor market. The guide identifies 4 main criteria as a framework when selecting an XBRL [...]

Canada Gets it Right on Fair Disclosure — Again

The Canadian Investor Relations Institute CIRI declares full text press releases as requisite for “full and fair” disclosure.

Concerns raised with SEC about XBRL filing crunch

CONCERNS are being raised about the readiness of service providers to meet the needs of the more than 8,000 smaller companies that must begin filing reports in eXtensible Business Reporting Language (XBRL) for the first time this July. Some in the industry expect the US Securities and Exchange Commission (SEC) will be forced to modify [...]

SEC has its say on pay

The Securities and Exchange Commission adopted final rules on “Say on Pay” and other executive compensation requirements under the Dodd-Frank Act of 2010. Starting now, most companies must get an advisory vote of shareholders on executive compensation at least every three years. And ask stockholders how often they want to offer their say on pay. And get input on [...]

Is SEC’s “prohibition on cookies” crimping US web reports?

FOR every new securities rule, there seems to be an unintended consequence. But one set of rules — the US Securities and Exchange Commission’s (SEC) E-Proxy requirements – has had more than its fair share of negative outcomes. Not only has E-Proxy been responsible for a huge drop in retail shareholder voting at annual shareholder [...]

Disclosure for Dummies: Notice-and-Access Press Releases Compared to U.S. Mail Service

by Steve Messick, Chief Information Officer, Business Wire I always respond to a staff newbie when he or she comes into my office asking a question with, “Did you read the manual first?”  I actually prefer to use a more famous acronym but, in the interest of political correctness, will not elaborate. But that is [...]