Laura D. Richman

NYSE Limits Broker Discretionary Voting on Corporate Governance Proposals
Laura D. Richman, February 6, 2012
NYSE Rule 452 governs the situation where NYSE member brokers are permitted to vote shares for proxy proposals without specific instructions from their clients. In recent years, the situations where brokers have been permitted to vote without direction from their clients have been limited so that...

U.S. Securities and Exchange Commission Adopts New Net Worth Standard for Accredited Investors
Laura D. Richman, January 4, 2012
The Securities and Exchange Commission has amended its net worth standard for accredited investors. This definition is an integral part of the rules that permit certain private and limited offerings to be made without registration—and without requiring specified disclosures—when sales...

Preparing for the 2012 Proxy and Annual Reporting Season
Laura D. Richman, October 17, 2011
Before the year draws to a close, public companies should begin planning for the 2012 proxy and annual reporting season. Key issues for the upcoming season are summarized below.