Lead Director Network, August 2014
On July 16, 2014, as part of a joint meeting between the Lead Director Network (LDN) and the Compensation Committee Leadership Network (CCLN), members of both networks met with Keith Higgins, director of the Division of Corporation Finance (Corp Fin) at the Securities and Exchange Commission (SEC).
Mr. Higgins and the members of the two networks discussed the role of Corp Fin, its priorities, and the implications of those priorities for public companies. This ViewPoints provides details on the following topics:
The SEC’s disclosure effectiveness project and methods for enhancing the quality of disclosure documents
The status of the SEC’s efforts to complete the rulemaking mandated by the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act
Perspectives on proxy advisory firm conflicts and accountabilities
Suggestions to improve corporate governance at public companies