Morning Session: 9:00 a.m. - 12:30 p.m.
Day One: 9:00 a.m. - 5:00 p.m.
9:00 Corporation Finance Developments and Priorities
- Rulemaking Initiatives: extractive industries, conflict minerals, proxy enhancements, Dodd-Frank and JOBS Acts
- Update on C&DIs and other Staff guidance
- Update on the staff’s disclosure review program
- Best practices in interacting with the SEC Staff
Abigail Arms, Mary J. Mullany, Amanda Ravitz, Todd J. Russo
10:00 Disclosure Developments and Challenges
- Management’s Discussion and Analysis of Financial Condition and Operating Results, including liquidity and capital resources, and trends, events and uncertainties
- Practices for disclosing good, bad and ugly news
- Social Media, Regulation FD
Sandra L. Flow, Keir D. Gumbs, Mneesha Ohri Nahata, Christoph A. Pereira, Amanda Ravitz, Todd J. Russo
11:00 Networking Break
11:15 Emerging Growth Companies
- Who is an EGC
- Developing practices by EGC’s using the modified disclosure scheme
- What has been the staff’s experience
Sandra L. Flow, Keir D. Gumbs, Mary J. Mullany, Amanda Ravitz
12:30 Lunch
Afternoon Session: 1:30 p.m. - 5:00 p.m.
1:30 Accounting and Financial Reporting Developments and Priorities
- Key accounting pronouncements and initiatives affecting/driving disclosures outside of the financial statements
- ASC 450 (FAS 5) contingencies
- Fair value accounting
- Impairments
- Application of significant subsidiary tests
- Practice developments resulting from the JOBS Act
- What to look for during the coming year
Abigail Arms, Amy J. Dorfmeister, Sandra L. Flow, Amanda Ravitz, Todd J. Russo
2:45 Networking Break
3:00 Insider Trading, FCPA and Securities Offerings Developments
- Insider trading, black-out periods, wall-crossings, 10b5-1 plans
- FCPA developments
- Securities offering developments
Abigail Arms, Joan E. McKown, Mary J. Mullany*, Keir D. Gumbs, Deborah C. Lofton, Amanda Ravitz
4:00 Ethics: Developments and Challenges
- “Appearing and practicing before the Commission”
- Lawyers as gatekeepers
- Lawyer challenges coming out of the JOBS Act
- Whistleblower developments
Abigail Arms, Joan E. McKown
5:00 Adjourn
Day Two: 9:00 a.m. - 5:00 p.m.
Morning Session: 9:00 a.m. - 12:30 p.m.
9:00 Say-on-Pay - The 2012 Experience and Preparing for 2013
- Say-on-pay - issues and 2012 results
- Say-on-parachutes - the disclosure and vote requirements
- Practical consequences of say-on-pay votes
Stephen L. Brown, Deborah C. Lofton, Mary J. Mullany, Christoph A. Pereira, Amanda Ravitz
10:00 Developments and Best Practices in Executive Compensation
- Focus of SEC staff comments and latest staff guidance
- The ever-evolving Compensation Discussion and Analysis
- Impact of Dodd-Frank on pay-for-performance, internal pay comparisons and other disclosures
- The heightened requirements for and scrutiny of board compensation committees
- Executive compensation trends
- Trends in independent compensation committee advisers
Melissa L. Burek, Keir D. Gumbs, Doreen E. Lilienfeld, Deborah C. Lofton, Mary J. Mullany, Christoph A. Pereira
11:15 Networking Break
11:30 Annual Reporting Practices and Shareholder Meeting
- Tips on preparing your 2013 annual meeting proxy statement and annual report and holding your annual meeting
- SEC and other developments affecting annual reporting and the proxy solicitation process
Deborah C. Lofton, Ronald O. Mueller, Mary J. Mullany, Christoph A. Pereira
12:30 Lunch
1:30 Corporate Governance and Shareholder Proposals
- Corporate governance disclosures
- Overview of the 2012 shareholder proposal season; what is anticipated for 2013
- Shareholder Proposals: tips on how to handle; be alert to changes in staff positions
- Shareholder activism
Stephen L. Brown, Marc H. Folladori, Richard H. Grubaugh, Christoph A. Pereira
2:45 Solicitation Issues
- Proxy access
- Getting the vote out
- Proxy advisory firms
- Communications with shareholders
Richard H. Grubaugh, Gary Hewitt, Deborah C. Lofton, Ronald O. Mueller
3:45 Networking Break
4:00 Case Study:
- Discussion among the panelists and the audience of issues that may arise when shareholders are asked to approve an equity-plan related proposal.
The discussion will cover , among other topics:
- Executive compensation pay practices
- Communication policies and practices
- Managing shareholder proposals
- A walk through the proxy statement process
- The view from different participants in the proxy process
Melissa L. Burek, Richard H. Grubaugh, Gary Hewitt, Doreen E. Lilienfeld, Deborah C. Lofton, Ronald O. Mueller, Mary J. Mullany
5:00 Adjourn
Co-Chair(s)
Speaker(s)
Stephen L. Brown ~ Senior Director of Corporate Governance & Associate General Counsel, TIAA-CREF
Amanda Ravitz ~ Assistant Director, Division of Corporation Finance, U.S. Securities and Exchange Commission
Todd J. Russo ~ Deputy General Counsel & Secretary, Buckeye Partners, L.P.
Program Attorney(s)
New York City Seminar Location
PLI New York Center, 810 Seventh Avenue at 53rd Street (21st floor), New York, New York 10019. Message Center, program days only: (212) 824-5733.
New York City Hotel Accommodations
Due to high demand and limited inventory in NYC, we recommend reserving hotel rooms as early as possible.
The New York Hilton & Towers, 1335 Avenue of the Americas, New York, NY 10019. 1 block from PLI Center. Reservations 1-800-HILTONS or, 1-877-NYC-HILT. Please mention that you are booking a room under the Practising Law Institute Corporate rate and the Client File # is N495741. Reservations on line at www.hilton.com and enter the same Client File # in the Corporate ID # field to access Practising Law Institute rates.
The Warwick New York Hotel, 65 West 54th Street New York, NY 10019. 1 block from PLI Center. Reservations 800-223-4099 or, hotel direct 212-247-2700. Please mention that you are booking a room under the Practising Law Institute Corporate rate. Reservations on line at www.warwickhotelny.com Click reservations in menu bar on left. Select desired dates. In 'Special Rates' drop down window select Corporate Rate. In 'Rate Code' enter PLIN. Click search and select desired room type and rate plan. Or, you may email reservation requests to: res.ny@warwickhotels.com