This post was written by James A. Rolfes. Last week, the Washington Post reported the SEC had rejected a proposed settlement of SEC’s landmark case seeking enforcement of the so-called “clawback” of executive compensation under Sarbanes Oxley Section 304. See Hilzenrath, D., Washington Post July 20, 2011, SEC Rejects Proposal. In SEC v. Jenkins, No. … Continue Reading
The Chairs of the House Oversight and Government Reform and Small Business Committees have announced a joint hearing of their respective committees on a sweeping proposal by the Obama Administration requiring the disclosure of political contributions and expenditures by those bidding on government contracts. The Public Policy and Infrastructure Group has been monitoring this draft … Continue Reading
The Internet has been ablaze over the past 24 hours with reports that the Obama Administration is considering requiring “all entities submitting offers for federal contracts to disclose certain political contributions and expenditures that they have made within two years prior to the submission of their offer”. This was first disclosed by Hans A. von … Continue Reading