Pearson settles $1mn SEC action over cyber-attack disclosures
London-based Pearson has agreed to pay $1mn to settle SEC charges that it misled investors about a 2018 cyber-attack involving the...
Regulatory & compliance archive
The week in GRC: Investors step up votes for shareholder proposals and DoJ appoints FCPA chief
– Reuters said that, according to a report from Thomson Reuters Peer Monitor Index, law firms that have survived the pandemic are...
US issuers still split on ESG standards, study finds
Half of US public companies say third-party ESG standards are difficult understand, address immaterial information and lack...
SEC gives green light to Nasdaq board diversity plan
The SEC on Friday approved Nasdaq’s plan to promote diversity on boards. The move opens the door for Nasdaq to require companies...
The week in GRC: Companies delay return-to-work plans and Vanguard to pay vaccinated workers
– The Wall Street Journal reported that President Biden’s approaching decision about who should be the next Federal Reserve chair...
Gensler expects climate disclosure proposal by year-end
SEC chair Gary Gensler has given governance and compliance professionals a heads up on when they can expect to see the agency’s...
Issuers see drop in volume of securities class action lawsuits, study finds
At the mid-year point, the number of securities class action lawsuits filed in federal and state courts is at its lowest level...
The week in GRC: Aon and Willis Towers Watson call off merger and Activision Blizzard face employee backlash
– Pharmaceutical executives, lobbyists and consultants are working to prevent a global corporate tax rate of 15 percent that was...
The week in GRC: SEC exam chief to step down and Ford adopts gender-neutral titles
– CNBC reported that the chief compliance officer at Credit Suisse’s domestic unit was stepping down. Floriana Scarlato, who took...
The week in GRC: Law firms hiring DEI chiefs and Biden targets corporate consolidation
– The Wall Street Journal reported that the Chinese government said it would tighten rules for companies seeking to sell shares...
