Public Chatter
Public Chatter
Public Chatter provides practical guidance—and the latest developments—to those grappling with public company securities law and corporate governance issues, through content developed from an in-house perspective. Subscribe 🡢
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Auditors: What to Disclose When You Break Up
Recently, I blogged about what to do when you disagree with your auditor. Now I cover what to do when you break up. There are many reasons a company may find itself disengaging with its external auditor.
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Opportunity for Audit Committee Members to Comment on NOCLAR Proposal
Following up on last month's blog regarding the PCAOB's proposal to adopt a new audit standard regarding "Noncompliance with Laws and Regulations" (NOCLAR), we have been hearing that many companies are interested in commenting on the
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8 Things to Know Right Now
Here's our latest edition of our monthly feature – a quick snapshot of recent developments:
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Sustainability Advertising: US and EU Regulators Boost Guidance & Enforcement
With sustainability so much "top of mind" for those in our community, it's worth knowing some high-level trends in other areas of law that intersect with disclosure.
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Auditors: What to Do When You Disagree
I used to work as an auditor and I dreaded major disagreements with company management (which meant more stress, more work, and more scrutiny). Now, as a corporate attorney, I get excited. Here are the basic rules regarding disagreements between public companies and their external auditors:
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The SEC Adopts New Cybersecurity Risk Disclosure Rules!
Yesterday, the SEC adopted new cybersecurity risk disclosure rules – here's the 186-page adopting release and here's the fact sheet.
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SEC Brings a Rarely Seen Rule 13h-1/Form 13H Enforcement Action
In a rare enforcement action of what may be a new indication of focus by the SEC, the Commission entered a settlement with a large broker-dealer in recently for Rule 13h-1 violations for large trader reporting failures.
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Navigating Difficult Social & Political Issues: Lessons Learned from Disney v. Simeone
It is increasingly difficult for companies to steer clear of contentious social or political issues on which their shareholders may have passionately conflicting opinions.
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“Pay vs. Performance” Disclosure: First Proxy Season Analysis
With the first proxy season behind us with the SEC's new "pay vs. performance" disclosure requirement, it's a good time to review what we saw as the primary trends – particularly with Corp Fin planning to comment upon these disclosures sometime later this year. Here are the top five trends that we saw:
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Three Questions: The Attorneys General "DEI Programs" Letter
Here's an excerpt from our Client Update from Chris Wilkinson, Abdul Kallon and Jeremy Wright about a recent public letter from 13 state attorneys general voicing opposition to employers' use of DEI programs:
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Shareholder Proposal Stats for the Proxy Season
During last week's webcast, Proxy Analytics's Steve Pantina shared some stats about how shareholder proposals fared this proxy season.
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Video Archive: “Proxy Season Deep Dive – 20 Things”
We have posted the video archive for last week's webcast - "Proxy Season Deep Dive - 20 Things" - during which Perkins Coie's Allison Handy, Kelly Reinholdtsen and Broc Romanek and Proxy Analytics' Steve Pantina covered what happened during thi
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John Chevedden Speaks!
As someone who tried for years to get him to speak on a podcast, I was tickled to see John Chevedden in-person at the recent Annual Conference for the Society for Corporate Governance.
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New Sheriff in Town? The PCAOB’s “Noncompliance With Laws & Regulations” Proposal
Last month, the PCAOB issued a proposal for public comment (Release No. 2023-003) to replace current AS 2405 ("Illegal Acts by Clients"), in its entirety with a new AS 2405 ("A Company's Noncompliance with Laws and Regulations").
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8 Things to Know Right Now
Here's our latest edition of our new monthly feature – a quick snapshot of recent developments: