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Racial Targets

Harvard Corporate Governance

Racial targets are non-binding, voluntary goals, or aspirations—rather than mandatory requirements—made by companies to hire or promote people of color by a future point in time—on a general institutional level—such as among employees, boards of directors, managers, and other leaders. I examined 901 public and privately held companies.

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Weekly Roundup: March 8-14, 2024

Harvard Corporate Governance

Proxy Season Preview: Governance Back on Agenda While Sustainability Recedes Posted by Subodh Mishra, Institutional Shareholder Services Inc., Proxy Season Preview: Governance Back on Agenda While Sustainability Recedes Posted by Subodh Mishra, Institutional Shareholder Services Inc.,

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Sullivan & Cromwell Discusses Revised FSOC Guidance on Nonbank SIFI Designations

Reynolds Holding

The Interpretive Guidance and Analytic Framework replace the 2019 Interpretive Guidance and include both procedural and substantive modifications that could facilitate new nonbank financial company designations (“ SIFI designations ”).

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Progress Software Corp. Statement regarding a Possible Offer for MariaDB plc

Benzinga

Progress Background to and Reasons for the Possible Offer Progress believes there is a compelling strategic and financial rationale for an acquisition of MariaDB by Progress, and believes that Progress is the ideal long-term partner for MariaDB. Progress believes that MariaDB is an attractive business.

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Commissioner Peirce Blasts SEC for Lack of Public Engagement

Reynolds Holding

3] SAB 121 directs public companies that safeguard crypto assets for clients to put a liability and corresponding asset on their balance sheet and adjust them as the value of the asset changes. 7] See, e.g. , Letter from Conference of State Bank Supervisors to the House Financial Services Committee (Feb. 8] Reorganization Plan No.

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Davis Polk Discusses Rulings on Fed’s Denial of Master Accounts to Custodia and PayServices

Reynolds Holding

While Custodia is subject to state prudential regulation, it is not FDIC-insured or subject to federal prudential regulation and does not have a holding company subject to Federal Reserve oversight. Its business model is to provide banking services to crypto-asset companies.

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