Matthew C. Dallett

Say on Pay - Not Just for TARP Recipients Anymore
Stacie Sawchak Aarestad, Lori A. Basilico, Matthew C. Dallett, Benjamin Ferrucci, September 18, 2009
The House of Representatives recently passed legislation which would require, among other things, an annual stockholder vote on executive compensation. Although the Senate has yet to consider this legislation and is likely to propose differing terms, we expect some version of "Say on Pay"...

Broker Discretionary Voting for Directors Eliminated -- Smaller Companies Will Need to Work Harder for the Retail Vote
Matthew C. Dallett, July 27, 2009
Responding to concerns voiced by shareholder activists and others, the Securities and Exchange Commission has approved a rule change by the New York Stock Exchange that eliminates broker discretionary voting in uncontested elections for directors.

Regulation of Private Investment Fund Managers Advances -- Treasury Introduces Registration and Investor Protection Legislation
Heather M. Stone, James T. Barrett, Matthew C. Dallett, July 27, 2009
The Treasury Department has released proposed legislation that would require registration under the Investment Advisers Act - as well as substantial disclosure obligations - for most managers of private investment funds, including venture capital and private equity funds.