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December 2014

Morrison & Foerster discusses 2015 ISS and Glass Lewis Proxy Voting Guidance Updates

By Scott Lesmes and Rose Zukin December 1, 2014 by tharts1

Proxy research and advice entities Institutional Shareholder Services Inc. (“ISS”) and Glass, Lewis & Co., LLC (“Glass Lewis”) recently updated the guidelines each service will use to inform their voting recommendations for the 2015 proxy season. The updates address topics …

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Each business day, our team sifts through blog posts, news stories, and other sources to keep up-to-date on relevant recent developments. The following links will take you to our recommended selections. To see the sources we follow click Filter Sources.

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Bloomberg
Morgan Stanley Said to Near Mortgage-Bond Accord With U.S.
December 30, 2014
Dealbook
Whistle-Blower Awards May Reward Wrongdoing
December 30, 2014
Treasury Announces Roundtable to Discuss Issues Surrounding Financial Access for Money Services Business
December 30, 2014
Reuters
Inovalon, Analytics-Based U.S. Tech Firm, Files for IPO
December 30, 2014
Bloomberg
Cass Sunstein on Keeping New Year’s Resolutions
December 30, 2014
Dealbook
The Year in White Collar Crime
December 29, 2014
Bloomberg
CSC to Pay $190 Million to Settle SEC Accounting Probe
December 29, 2014
AG Deal Diary
Akin Gump Discusses Top 10 Topics for Directors in 2015
December 29, 2014
Reuters
Shake Shack Files for IPO
December 29, 2014
Legal Services for Startups: Toward a Web-Based Form System Business
December 29, 2014
Bloomberg
Credit Raters Said to Bend Own Rules in Annual SEC Report
December 28, 2014
U.S. Treasury
U.S. Progress with G-20 Partners on Key Global Economic Priorities
December 28, 2014
Reuters
Japan Post: IPO to Include Separate Listings of Bank, Insurance Units
December 28, 2014
Dealbook
Rise in Loans Linked to Cars Is Hurting Poor
December 28, 2014
Bloomberg
New York’s Top Cop Scores as Credit Suisse Faces $10 Billion Mortgage Fraud Suit
December 28, 2014
Securities and Exchange Commission
SEC Issues Annual Staff Reports on Credit Rating Agencies
December 24, 2014
Dealbook
Deal Professor Grades This Year’s Prominent Deals
December 23, 2014
Reuters
Reuters Special Report on Anti-Corruption Campaign in China
December 23, 2014
Commodity Futures Trading Commission
CFTC Subcommittee Issues Report on Mandatory Clearing of Certain FX Products
December 23, 2014
Delaware Corporate & Commercial Litigation Blog
Delaware Supreme Court Clarifies Revlon Standard and Reverses Chancery’s Injunction
December 23, 2014
Bloomberg
Real M&A’s 2015 Guide for Deal Watchers
December 22, 2014
Dealbook
British Regulator to Oversee 7 Additional Financial Benchmarks
December 22, 2014
Basel Committee on Banking Supervision
Basel Committee on Banking Supervision Seeks Consultation on Revisions to the Standardised Approach for Credit Risk
December 22, 2014
Reuters
Barclays’ CEO Indicates Funds Set Aside to Settle Forex Probe are Insufficient
December 22, 2014
Bloomberg
Jury Clears Ex-UBS Wealth Management Head of Tax Evasion Charges
December 22, 2014
Securities and Exchange Commission
SEC Proposes Amendments to Rules Implementing Titles V and VI of the JOBS Act and Section 12(g) of the Exchange Act
December 22, 2014
Dealbook
Regulators Explain ‘Too Big to Fail’ Decision on MetLife
December 20, 2014
Weil Bankruptcy Blog
Weil: Bankruptcy & Restructuring Annual Review
December 20, 2014
Bloomberg
Blacklists are Used in U.S. Loan Market
December 20, 2014
Reuters
U.S. Judge Rejects HP Settlement in Autonomy Shareholder Case
December 20, 2014
Dealbook
Goldman’s Crossword Puzzle
December 20, 2014
Bloomberg
Barclays Asks Judge to Throw Out New York Dark Pool Suit
December 18, 2014
Reuters
Fed Expands Scope of Volcker Rule Delay Until 2017
December 18, 2014
Dealbook
New York Regulator Outlines Changes to Bitcoin Rules
December 18, 2014
Bloomberg
Justice Department Probes Currency Exchange Site That Vanished With Cash
December 18, 2014
U.S. Treasury
FSOC Seeks Comment on Asset Management Products and Activities
December 18, 2014
Federal Reserve
Agencies Announce Rules to Reflect ISDA Protocol
December 17, 2014
Dealbook
Anti-Takeover Defense Measures Often Hurt Investors
December 17, 2014
Bloomberg
Terrorism Insurance Set to End After Senator’s Objections
December 17, 2014
Business Law Prof Blog
High Frequency Trading 101
December 17, 2014
Reuters
Security software maker Veracode taps banks for IPO
December 17, 2014
Bloomberg
JPMorgan Mortgage Deal Slammed for Not Involving Trustees
December 16, 2014
Deal Lawyers.com
M&A Communications Challenges Posed by Tax Inversion Deals
December 16, 2014
Dealbook
Regulator Finds Deficiencies With Mortgage Servicer Ocwen Financial
December 16, 2014
Reuters
Barney Frank on Dodd-Frank and Much Else
December 16, 2014
Jim Hamilton's World
SEC Asks for Chevron Deference to Whistleblower Rule
December 16, 2014
Bloomberg
High-Speed Trader Charged With Spoofing Argues Law Vague
December 16, 2014
Reuters
Lehman Trustee Petitions Supreme Court Over Barclays Dispute
December 15, 2014
Dealbook
Fund Manager in London Who Dodged Train Fares Is Barred From Financial Jobs
December 15, 2014
Bloomberg
Carl Icahn on a Junk Bond Bubble, Opportunities in Oil and Why Shareholder Democracy is a Myth
December 15, 2014
Tax Policy Center
A Repatriation Tax Holiday for US Multinationals? Four Contagious Illusions
December 15, 2014
New York Times
Paul Krugman on the Rollback of the Swaps Push-Out Provision
December 15, 2014
Bloomberg
Senate Passes Spending Bill
December 14, 2014
Dealbook
Life Insurers Use State Laws to Avoid as Much as $100 Billion in U.S. Taxes
December 14, 2014
The Race to the Bottom
Fee Shifting Bylaws and the Reaction of Institutional Investors
December 14, 2014
Jim Hamilton's World
Senate Clears Legislation for President Easing Capital Formation for Community Banks
December 14, 2014
Reuters
MIT Study Explains Why Stocks Swoon When School Vacation Ends
December 12, 2014
Bloomberg
Can Democrats Win by Losing Wall Street?
December 12, 2014
Bloomberg
House Passes Government Spending Bill
December 11, 2014
Dealbook
Shares of Lending Club Jump on Trading Debut
December 11, 2014
The Race to the Bottom
Fee Shifting Bylaws and the Reaction of Institutional Investors
December 11, 2014
D&O Diary
Exceptional 2014 U.S. IPO Activity
December 11, 2014
Bloomberg
Lawsky Said to Probe Barclays, Deutsche Bank FX Algorithm
December 11, 2014
Reuters
Congress Reaches Deal for $1.1 Trillion U.S. Spending Bill
December 10, 2014
Dealbook
A Shake-Up as the Financial World Infiltrates Philanthropy
December 10, 2014
D&O Diary
Corruption Allegations Lead to Securities Lawsuits
December 10, 2014
Bloomberg
Insider Trading Prosecutions Just Got Harder as Court Raises Bar
December 10, 2014
Reuters
StanChart Sets Up Financial Crime Committee After U.S. Scrutiny Extension
December 10, 2014
Bank for International Settlements
BIS Review of US Basel III Regulations
December 9, 2014
Golden Leashes Back on the Board Table
December 9, 2014
Bloomberg
Matt Levine on Deutsche Bank Tax Avoidance
December 9, 2014
A Review of Treasury’s Efforts to Combat Corruption on World Anti-Corruption Day
December 9, 2014
Dealbook
Citigroup Expects $2.7 Billion Legal Charge for Quarter
December 9, 2014
Reuters
Saving Sears: Eddie Lampert’s complicated dance
December 9, 2014
Reuters
Increasing Specialization in the Supreme Court Bar
December 8, 2014
Dealbook
How the Bankruptcy Code Should Treat All Derivatives
December 8, 2014
D&O Diary
Top Treasury Official’s Speech Urges Adoption of Cyber Risk Insurance
December 8, 2014
Dealbook
A Brake on Reincorporating Abroad via Mergers
December 8, 2014
Bloomberg
LIBOR Lowballing Never Ended as Global Probes Accelerated
December 8, 2014
Jim Hamilton's World
Legislation to Clarify Clearing Rules for Affiliate Swap Transactions
December 7, 2014
Bloomberg
Goldman Needs Volcker Delay to Avoid Private-Equity Losses
December 7, 2014
Dealbook
Senate to Hold Hearing on Cyberattacks Against Finance
December 7, 2014
Reuters
Credit Suisse Evaluates Prime Brokerage Business as Part of October Cuts
December 7, 2014
Bloomberg
Limits on Carbon May Cost Oil Investors Trillions
December 7, 2014
Dealbook
Merck in Talks to Acquire Drug Maker Cubist for More Than $7 Billion
December 7, 2014
Bloomberg
Bank Settlements Contribute to New York State Surplus
December 5, 2014
Dealbook
A Private Equity Approach to Managing an NBA Team: Betting Big on the Draft
December 5, 2014
Blogmosaic
Bank of America Regulatory Waiver — An End to “Too Big to Bar”?
December 5, 2014
Bloomberg
Tax Breaks for Tuna, Rum, Racetracks, Horses and Movies Approved
December 5, 2014
Reuters
Uber’s Latest Funding Round Values Ridesharing Company at $40 Billion
December 5, 2014
Janus Capital Group
Monthly Investment Outlook from Bill Gross
December 5, 2014
Bloomberg
Banks Delay Implementation of Swaps Requirements
December 3, 2014
The Race to the Bottom
Potential for Change in SEC Review of Proxy Proposals under “Ordinary Business” Exclusion
December 3, 2014
Reuters
Formation 8 raises $500 million for second venture fund
December 3, 2014
Dealbook
Wall Street Nostalgia for Geithner
December 3, 2014
Bloomberg
SGX Head Bocker Says Sorry as Regulator Slams Second Disruption
December 3, 2014
Wall Street Journal
Against the Pay-Ratio Rule (subject to WSJ paywall)
December 3, 2014
Office of Financial Research
OFR Releases Annual Report Evaluating Financial Risks
December 2, 2014
Bloomberg
House Republicans Propose Reviving Tax Breaks
December 2, 2014
Reuters
Citigroup to Shutter LavaFlow Stock Trading Venue
December 2, 2014
Bloomberg
Hedge Funds Shut as Managers Struggle in Year of Two Percent Returns
December 2, 2014
Dealbook
Insurance Firms Aviva and Friends Life Agree to $8.8 Billion Merger
December 2, 2014
Bloomberg
AIG Suit in Hands of Judge Unfazed by Stars
December 1, 2014
Reuters
Cyber Ring Stole Secrets for Gaming U.S. Stock Market
December 1, 2014
Dealbook
Whistle-Blower Programs Gain Support
December 1, 2014
Politico
Fraudsters Target Marijuana Stocks
December 1, 2014
Bloomberg
To Challenge Big Banks, U.K. Lenders Should Merge
December 1, 2014

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