TheCorporateCounsel.net

January 21, 2010

The New Rules: Corp Fin Issues Nine More CD&Is

Yesterday, the SEC issued nine new Compliance and Disclosure Interpretations to deal with issues posed by the new executive compensation and proxy disclosure enhancement rules adopted last month. These CDIs are in addition to the transitional CDIs already issued.

Below are links to the new CDIs, the last two of which are transitional in nature (in the alternative, we have placed all of the new CDIs in one document for your reading pleasure):

- CDI 116.05
- CDI 116.06
- CDI 117.04
- CDI 119.20
- CDI 128A.01
- CDI 133.10
- CDI 133.11
- Question 6
- Question 7

Coming Soon: SEC’s Climate Change Interpretive Guidance

Yesterday, the SEC announced that it will hold an open Commission meeting next Wednesday to consider issuing interpretive release on climate change. Here is the meeting agenda.

I wonder if this guidance will apply to this proxy season? Either way, we held an excellent webcast last week – “ESG Disclosures: Environmental, Climate Change, Social Responsibilities” – whose audio archive (transcript to come) will help get you to up-to-speed on the issues you should be analyzing now.

Webcast: “Pat McGurn’s Forecast for 2010 Proxy Season: Wild and Woolly”

Tune in today for our webcast – ““Pat McGurn’s Forecast for 2010 Proxy Season: Wild and Woolly”” – to hear Pat McGurn of RiskMetrics’ ISS Division give a recap of what transpired in the 2009 proxy season and predict what to expect for the upcoming proxy season. Here are course materials you should print out in advance of the program.

Act Now: Since all memberships are on a calendar-year basis and expired at the end of December, if you don’t renew now, you will be unable to access this webcast. If you’re not yet a member, try a 2010 no-risk trial.

More on “The Mentor Blog”

We continue to post new items daily on our new blog – “The Mentor Blog” – for TheCorporateCounsel.net members. Members can sign up to get that blog pushed out to them via email whenever there is a new entry by simply inputting their email address on the left side of that blog. Here are some of the latest entries:

- “Collectively Stupid”: A Way of Life?
- US and California Supreme Courts Tackle Attorney-Client Privilege
- The SEC Cares
- The Time I was Written Up for Blogging
- SCOTUS to Hear “Foreign-Cubed” Cases
- An Unforeseen Impact of an SEC Complaint: No D&O Coverage
- Why I Don’t Allow Comments on My Blogs

- Broc Romanek