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Regulatory Spotlight on Private Funds

Harvard Corporate Governance

In remarks last week, SEC Director of Enforcement, Gurbir Grewal, noted that, “[w]hile we have not yet released our 2023 fiscal year-end numbers, I can give you a sneak preview: we had another incredibly productive year on behalf of the investing public.” [1]

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SEC Press Release provides Compliance Checklist for Corporations

Harvard Corporate Governance

Hanson, and Leo W. Recent enforcement actions involving ESG issues, 10b5-1 plans and cybersecurity align with the SEC’s rulemaking initiatives on those topics. The SEC collected a record $4.2 billion in penalties in enforcement actions in 2022, nearly three times the figure in 2021.

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A Mid-Season Look at 2022 Shareholder Proposals

Harvard Corporate Governance

Posted by Michael Peregrine and Eric Orsic, McDermott Will & Emery LLP, on Tuesday, May 17, 2022 Editor's Note: Michael W. Corporate boards should keep their fingers on the pulse of possible investor interest in these and other nontraditional topics emerging from the 2022 proxy season. Established Procedures.

Equity 223
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SEC Adopts Final Rules on Cybersecurity Disclosure

Harvard Corporate Governance

According to SEC Chair Gensler, “[w]hether a company loses a factory in a fire—or millions of files in a cybersecurity incident—it may be material to investors….Currently, That guidance built on Corp Fin’s 2011 guidance on this topic (see this Cooley News Brief ), adding, in particular, new discussions of policies and insider trading.

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The Certified Payroll Professional Corner: Worker Status

ThomsonReuters

Forms W-2 (Wage and Tax Statement) must be filed with the Social Security Administration (SSA) by January 31 of the following tax year. These penalty amounts increase incrementally as follows: up to 30 days late ($50 per Form W-2); more than 30 days late but before August 1 ($110 per Form W-2); and after August 1 ($290 per Form W-2).

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The Certified Payroll Professional Corner: Penalties

ThomsonReuters

Form W-2 filing season. During the June 2, 2022 IRS monthly payroll industry telephone conference call, a representative from the Social Security Administration provided a 2021 filing season update for Forms W-2 (Wage and Tax Statement) by noting that the federal agency processed more than 256 million Forms W-2 for tax year 2021 so far.

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Columbia Law School to Hold 2022 Conference on M&A and Corporate Governance

Reynolds Holding

McCormick, Delaware Vice Chancellor Lori W. Topics of conversation will include the current state and future direction of the M&A market, the role of institutional investors and activists in dealmaking, recent SEC developments, and pertinent litigation developments. The Honorable Vice Chancellor Lori W. Gabrielle E.

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