Corp Fin Revises WKSI Waiver Policy Statement Again
Last week, Corp Fin revised its policy statement concerning when it will grant a waiver of ineligible issuer status for WSKIs for the 2nd time over the past few months. The latest revision provides guidance on what constitutes “a showing of good cause”…
Shareholder Proposals: Fracking Proposal Withdrawn at Exxon In Exchange for Disclosure
As noted in this WSJ article, just weeks after Exxon’s agreement to report on climate change and carbon risk, the world’s largest publicly traded oil and gas producer has announced that it will provide increased transparency and disclosure about how it manages the environmental and community impacts of its hydraulic fracturing operations – in response to the withdrawal of a shareholder proposal filed by As You Sow, the New York City Pension Funds, and 12 co-filers.
DOJ & FTC: Joint Antitrust Statement Encouraging Companies to Share Cyber Threats
In a joint policy statement issued last week, the DOJ and FTC officially encouraged companies, including direct competitors, to share cyber threat information with one another. While the statement does not represent a significant policy shift, it is interesting because DOJ and FTC are actively encouraging companies to share this type of information.
– Broc Romanek