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Key highlights of the 2011 Enforcement Report: 66 of the concluded cases involved illegal distributions, which represented the largest category of concluded cases. 124 concluded cases involved a total of 237 individual and 128 companies that resulted in: -Fines and …
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Too Close to Home…Too Close for Comfort Retail stockbrokers are shareholders. Not only are they co-owners of their company, but they are on the front line in a world riddled with money-madness where “money and trust” are their stock-in trade. …
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Following another year of record-breaking shareowner votes on social and environmental issues – including five majority votes – socially responsible investors are gearing up to have even greater impact in 2012. This year’s edition of Proxy Preview provides a comprehensive …
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Inertia and Trust: Human Wiring Inertia is the resistance of an object (or a person) to a change in its state of motion, or rest. We have all experienced emotional inertia in our lives. We can get stuck, all too …
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The preliminary vote gave my “say on directors pay” less than 4%, so I guess putting that proposal up at the world’s largest most profitable company with so many happy shareowners may have been a mistake. However, I note that …
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Things are heating up at JP Morgan Chase. The Dodd-Frank law has enabled regulators to ratchet up their queries regarding massive trading losses at this venerable institution, the best of its class. Some pundits minimize the loss (estimated to possibly …
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The Conference Board and FactSet Research Systems announced a joint initiative to analyze and disseminate aggregate data from the annual general meetings (AGMs) of U.S. public companies. The Conference Board, in collaboration with FactSet, will produce The Proxy Voting Report …
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Membership Has Its Rank & Privileges According to a recent 60 Minutes broadcast, “members of Congress can legally make trades on non-public information they obtain during their official duties.” No rush to term-limits in this club. Poetically, STOCK (Stop Trading …
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On October 9, 2011, California Governor Jerry Brown signed into law bills that create two new corporate forms in California: Flexible purpose corporations, created by California Senate Bill 201 (SB 201) and Benefit corporations, created by California Assembly Bill 361 (AB …
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An Industry Superstar Jamie Dimon is the current Chairman, President, and Chief Executive Officer of JP Morgan Chase, one of the Big Four Banks of the United States. As of 2009, the “Big 4” held nearly 40% of all U.S. …
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