December 17th, 2009
admin
The NYSE recently approved amendments regarding its corporate governance listing standards.
While these amendments become effective January 1, 2010, they basically conform to applicable
SEC rules and clarify existing listing standards.
We offer a summary of the most relevant amendments to NYSE’s listing standards:
Enhanced Notification Requirements. A company’s
chief executive officer must notify NYSE after an executive officer becomes aware of anynon-compliance
with NYSE corporate governance listing standards, regardless of its materiality.
Read more…
November 12th, 2009
admin
Recently, a client asked if it was time to start thinking about producing
this year’s annual report. My reaction: “Oh, no, not that again…” Yes,
it is time to start thinking about the annual report, not to mention that oftentimes
wailing and gnashing of teeth that accompanies the process.
Given these difficult financial times, just about every company is looking
to produce a quality report at a reasonable cost. Slickly produced and expensive
reports may raise the ire of some shareholders this year; however, it is still
important to produce a report that effectively communicates the company’s story
as well as a review of the year’s performance.
Read more…