Regulatory & complianceThe week in GRC: BlackRock supported fewer climate and social proposals this proxy season and US regulators eye directors sitting on competitors’ boards Aug 25, 2023Ben Maiden– The Financial Times (paywall) reported that US antitrust regulators are taking a tougher line on directors who sit on the boards of...Read more
Shareholders & activismThe week in GRC: Group asks Lyft shareholders to vote against board chair and senator unveils plan to regulate AI May 19, 2023Ben Maiden– The Wall Street Journal (paywall) noted that companies are for the first time this year tabulating gains and losses in the stock...Read more
EnforcementThe week in GRC: Warren raises concerns with Tesla’s board and climate rulemaking expected to continue in 2023 Dec 21, 2022Ben Maiden– Reuters (paywall) reported that Senator Elizabeth Warren, D-Massachusetts, raised concerns that Tesla’s board has failed to meet its...Read more
Regulatory & complianceThe week in GRC: Amazon shareholders reject 15 proposals and SEC targets disclosures by ESG funds May 27, 2022Ben Maiden– Reuters said that, according to people familiar with the matter, Toshiba Corp plans to propose giving two of its major hedge fund...Read more
BoardroomThe week in GRC: Netflix to drop supermajority requirement for board changes and competition for compliance officers heats up Jan 21, 2022Ben Maiden– The Wall Street Journal reported that ExxonMobil said it has set a goal to reduce or offset greenhouse gas emissions from its...Read more
Regulatory & complianceThe week in GRC: Companies face vaccine mandate questions and SEC’s Gensler outlines agenda Sep 17, 2021Ben Maiden– CNN reported that Senator Elizabeth Warren, D-Massachusetts, called for the Federal Reserve to break up Wells Fargo following years...Read more
EnforcementThe week in GRC: DoL won’t enforce ESG investment rules and Wells Fargo sets net-zero emissions goal Mar 12, 2021Ben Maiden– The Wall Street Journal reported that GameStop’s board created a committee focused on the company’s transformation efforts that will...Read more
ESGThe week in GRC: LGIM to press for ethnic diversity on boards, and companies facing new compliance risks amid pandemic Oct 09, 2020Ben Maiden– According to Reuters , a victory for Joe Biden in the US presidential election would signal the end of a period during which the...Read more
EnforcementThe week in GRC: Covid-19 creates legal minefield, and DoJ eyes tech industry liability shield Sep 25, 2020Ben Maiden– The Wall Street Journal reported that the US Department of the Treasury moved to fill a gap in the country’s anti-money laundering (...Read more
CareersWells Fargo finds next top attorney Mar 19, 2020Ben MaidenWells Fargo & Company has hired Ellen Patterson to join the San Francisco-based bank as its senior executive vice president and...Read more