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Vanguard To Pay SEC, States $106M Over Surprise Tax Bills

Law 360

million settlement with The Vanguard Group Inc. over claims that the company misled investors about the heightened capital gains taxes they would have to pay on certain retirement savingsaccounts. Securities and Exchange Commission was joined by dozens of state regulators Friday in announcing a $106.4

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The SEC Approves Nasdaq’s Rule Requiring Companies to Disclose Board-Level Diversity (or Lack Thereof)

The Fashion Law

The Securities and Exchange Commission (“SEC”) has given the green-light to a proposal from Nasdaq that will refashion the public disclosure requirements for companies listed on the stock exchange. Specifically, Rule 5605(f) generally requires companies listed on Nasdaq’s U.S.

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A Comparative Analysis of the SEC’s Climate Disclosure Proposal

ClimateChange-ClimateLaw

What seemed improbable just a few years ago – requiring large companies to measure and report annual greenhouse gas emissions generated by their operations and “value chains”– is becoming reality in several countries. If CARB does not so indicate, the number of covered companies will be significantly smaller.

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With More PPP Funds in Pipeline, Attorneys Must Mind Details

Vanguard

Justice Department launched a probe into the recently expanded $670 billion initiative in which banks process and provide low-interest, conditional and sometimes forgivable Small Business Administration loans to distressed companies. . Last month, the U.S. For quality control . Quality over quantity,” says Neil S. 15, 2020. .

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Corporate Strategies Evolve Amid DEI Policy Shifts

Intelligize Blog

Meanwhile, the largest asset management firm in the world, BlackRock , revised its proxy voting guidelines to language calling for companies to aim for at least 30% of their board members to be diverse. One of BlackRocks chief competitors, Vanguard , apparently removed similar language from its 2025 guidelines, too.

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