The Public Company Accounting Oversight Board recently held a series of three roundtables on Mandatory Auditor Rotation. PCAOB believes that questions persist about whether more can and should be done to enhance auditor independence, objectivity and professional skepticism. Proposals are being considered both within and outside the U.S. for measures such as regulation of engagement […]
Archives for November 2012
Proxy Season Overview
What We Learned in 2012 and What We Can Expect in 2013 At the recent MSTA conference, Carl Hagberg of Carl T. Hagberg & Associates and John Ferguson of Morrow & Co. LLC presented an open dialogue regarding the past proxy season as well as strategies for next year. Here is a synopsis of their […]
Trends in Employee Benefits
Thanks to regulatory changes, 2012 is seeing some important modifications to ERISA (Employee Retirement Income Security Act) laws. Those changes will hopefully help ERISA pension plan participants and participants in company-sponsored employee savings plans better understand how those plans are managed. Along with the increased transparency surrounding the selection and monitoring of service providers, the […]
Dematerialization White Paper Part 2 – Industry Response
The Depository Trust & Clearing Corporation, DTCC, recently published a white paper on dematerializing physical securities. This paper launched the final stage in the industry’s long-standing campaign to achieve full dematerialization in the U.S. financial markets. It also opened a formal discussion among industry stakeholders to gain consensus on critical next steps. In an effort […]