September 16, 2014

Poll Results: How Are You Responding to Your SDX Shareholder Engagement Letter?

Last month, I ran a poll in this blog to address the query about how companies were responding to the SDX engagement letter. Here are the results:

– Responded indicating have adopted shareholder-director engagement policy – 0%
– Responded indicating will consider adopting shareholder-director engagement policy – 0%
– Responded saying ‘thanks for the letter’ – 17%
– Decided not to respond at all – 32%
– Undecided; intend to discuss at board meeting what to do – 26%
– Undecided; might not even share with the board – 25%

Please take a moment to participate on this “Quick Survey on Earnings Releases and Earnings Calls” – and this “Quick Survey on Whistleblower Policies & Procedures.”

SEC’s First Ombudsman: Retail Investors Get a Complaint Department

Recently, the SEC hired its 1st Ombudsman – Tracey McNeil – who will report to the head of the Office of the Investor Advocate. Dodd-Frank created this position as the ombudsman will act as a confidential liaison in resolving problems that retail investors may have with the SEC or self-regulatory organizations.

Meanwhile, the SEC created a new “Office of Risk Assessment” within Risk Fin – the new office will coordinate the data-driven risk assessment tools across the agency, like the ones that recently supported Enforcement’s Section 16 initiative…

Cap’n Cashbags: The “Real” ALS Ice Bucket Challenge

Cap’n Cashbags – a CEO – doesn’t try to avoid the ALS Ice Bucket Challenge in this trailer for the full feature film (here’s his 1st attempt):

– Broc Romanek