PomTalk

This is a blawg for pension funds, hedge funds and other institutional investors that provides timely commentary and analysis of developments in the fields of corporate governance, executive compensation, securities regulation and related areas.

Author: This blawg is presented by Pomerantz Haudek Block Grossman & Gross. Josh Silverman is of counsel; Jason S. Cowart, Fei-Lu Quan, Jim Hodgson, Carolyn Moskowitz and Susan Weiswasser are assoicates.

Blawg Related Categories: Corporate Law • Corporate Compliance • Securities Law • Associate

Recent Posts from PomTalk

Delaware to Decide on Proxy Proposal
With more than 60% of U.S. companies being incorporated in Delaware, the state’s legislature established a procedure last year where the Securities and Exchange Commission is able to get direct access to Delaware’s highest court…
From the Pages of The Pomerantz Monitor: The Best of Times and the Worst of Times
The July issue of The Pomerantz Monitor reports that on June 12, MasterCard Worldwide released the first set of findings of its "Wordwide Centers of Commerce" report, including its Index ranking the top 50 cities…
SEC Commissioners Win Sentate Committee Approval
The Senate Committee on Banking, Housing and Urban Affairs has approved the three nominees for the open SEC positions clearing the way for full Senate approval. The Committee unanimously approved the nominations of Luis Aguilar,…
New SEC Rules Promise to Reform the Credit Ratings Process
Last week, the Securities and Exchange Commission voted to formally propose credit rating agency reforms, which the Commission promises will “bring increased transparency to the ratings process and curb practices that contributed to recent turmoil…
What Do People Think About Public Pensions?
A study examining the public’s perception of defined benefit vis à vis defined contribution plans -- entitled “The New Intersection on the Road to Retirement: Public Pensions, Economics, Perceptions, Politics & Interest Groups” -- was…
From the Pages of The Pomerantz Monitor: Wachovia Bank Fined for Aiding and Abetting Telemarketing Scam
Readers of the June issue of The Pomerantz Monitor learned of unconscionable telemarketing scams aided and abetted by Wachovia Bank, the nation's fourth largest bank. In February, Wachovia first announced that it was the subject…
New Auditors’ Reports without Audits
In order to make auditing firms more transparent to the investing public, the Public Company Accounting Oversight Board (“PCAOB”) recently adopted rules that will require firms to file with the PCAOB their own annual reports…
Say on Pay Prospects Brighten
Regardless of who is elected President, shareholders may soon get the type of “say-on-pay” rights they deserve. Earlier this year, the House of Representatives passed a bill requiring companies to give shareholders the opportunity to…
Credit Ratings Agencies Reach Agreement with New York Attorney General
Wall Street’s top three credit ratings agencies -- Standard & Poor’s, Moody’s Investors Service, and Fitch Ratings -- finalized an agreement yesterday with New York Attorney General, Andrew Cuomo, which is designed to improve transparency…
Restatements Decline with the Assistance of the SEC
According to a new study from Glass, Lewis & Co., there was a significant drop in the number of financial restatements filed by companies to correct accounting errors. Specifically, in 2007 there was a 17%…