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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.   

Two Buildings
April 20, 2023

Trap for the Unwary: Hart-Scott-Rodino Filing Requirements

Here's a tip from the sixth edition of our popular publication The Public Company Handbook, which is an easy-to-read guide that provides practical insights regarding legal and other board management issues facing public—or soon-to-be-public—companies.

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April 19, 2023

State Street’s 2024 “Director Overboarding” Policy Might Cause Companies to Adopt Their Own

Just as companies with December 31st fiscal year-ends gear up for their annual shareholder meetings in the coming weeks, State Street has released its updated voting policies — and a helpful "Summary of Material Changes." I won't parse all of the changes here, but I thought their new policy on director overboarding — which is summarized in the Material Changes

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abstract wavy metal
April 18, 2023

What does the corporate secretary do?

Another in the newbies series: Most bylaws set forth the corporate secretary's powers and duties in the broadest terms possible. But what the corporate secretary actually does varies somewhat from company to company. Other departments might be responsible for particular duties at some companies that typically can be found within the corporate secretary's purview.

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April 17, 2023

The Posting of Annual Meeting Transcripts

Some companies have their annual meetings transcribed. It's so easy to do today. It can be done in a jiffy by a dictation bot. But whether to make that transcript publicly available is a whole other question.

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two people on laotops
April 13, 2023

Reg FD & Annual Shareholder Meetings

Sometimes we get asked by clients: "Can you say things during an annual shareholder meeting without trigging a disclosure obligation under Regulation FD?"

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April 12, 2023

COSO’s New “Internal Control Over Sustainability Reporting” Guidance

One of the biggest struggles for companies when they start out collecting the data they need for climate and other sustainability disclosures is developing the disclosure and internal controls necessary to help ensure the accuracy of that data. Unlike financial reporting, there is a lack of well-known, well-worn practices to help with the information's integrity.

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Corporate Building
April 11, 2023

In-House Corner: What Are “Best Practices,” Anyway?

In this blog feature, our in-house readers share tips, anecdotes, and thoughts about topics that arise in their daily practice.

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abstract wavy metal
April 10, 2023

To whom does the corporate secretary report?

Another in the newbie series: If the corporate secretary is also the general counsel —which is still fairly common, though becoming less so—they report to the CEO in most cases, but they probably also report functionally to the board chair or the lead independent director.

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Abstract image with purples
April 4, 2023

What is a “corporate secretary”?

Another in the newbie series: Unless you're in the field of corporate governance, you probably get the impression that a "corporate secretary" for a public company is an administrative assistant of some sort. Nothing could be further from the truth.

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Financial Services & Investments
April 3, 2023

Audit Committee Financial Expert Casts a Wide Net

Here's a tip from the sixth edition of our popular publication The Public Company Handbook, which is an easy-to-read guide that provides practical insights regarding legal and other board management issues facing public—or soon-to-be-public—companies.

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Diverse people meeting
March 30, 2023

What is "corporate governance"?

I'm putting together a handbook for newbies in our field and I'll be rolling out some excerpts in this blog over time. Here's the first installment: 

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view of people in a conference room
March 29, 2023

In-House Corner: How This Proxy Season Is Faring So Far

In this blog feature, our in-house readers share tips, anecdotes, and thoughts about topics that arise in their daily practice.

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March 28, 2023

ISS Announces New “Board-Aligned” Voting Policies

Recently, ISS published new voting policies (the Global Board-Aligned U.S.

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Modern Buildings
March 27, 2023

Mirror, Mirror on the Wall: Does Your Board Conduct a Self-Evaluation?

Here's a tip from the sixth edition of our popular publication The Public Company Handbook, which is an easy-to-read guide that provides practical insights regarding legal and other board management issues facing public—or soon-to-be-public—companies.

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Aerospace & Transportation, image of plane
March 22, 2023

DOJ Announces Pilot Program and Updated Expectations on Corporate Compensation Programs

The DOJ has been busy and clawbacks have been a hot topic for the Biden Administration in the wake of several high profile bank failures. The intersection of these two topics is captured in this Update that we put out recently.

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