California Corporate & Securities Law

Last month, I asked the California Attorney General's office for information concerning utilization of the whistleblower hotline mandated by Labor Code § 1102.7.  Below are the data provided to me:

While the executive compensation votes mandated by the Dodd-Frank Act are just advisory, they do have the potential for significant impact. With the popularity of majority vote requirements in uncontested elections, incumbent directors may face...

In this recent post, I wrote about California's employee whistleblower legislation. California Labor Code § 1102.7 requires the California Attorney General to maintain a whistleblower hotline to receive calls from persons who have information...

The Department of Corporations has completed its rulemaking package for a proposed rule that would establish a non-exclusive safe harbor from California's broker-dealer registration requirement for associated persons of an issuer. The new rule would...

In prior posts, I discussed two unusual California statutes relating to choice-of-law and choice-of-forum provisions in agreements. Choice-of-forum provisions are often confused with choice-of-venue provisions. A choice of forum relates to the place...

Yesterday, the Securities and Exchange Commission proposed rules for implementing the whistleblower provisions of the Dodd-Frank Act. That act established a whistleblower program that requires the SEC to pay a bounty to eligible whistleblowers who...

Here's a common "Governing Law" provision:

As discussed in this prior post, the Securities and Exchange Commission recently proposed rule amendments to implement the Dodd-Frank Act's executive compensation advisory votes mandates. Regrettably, the SEC's proposal perpetuates the common...

Last week, I wrote about Judge Woolard's decision to order the California Public Employees Retirement System to disclose documents to the First Amendment Coalition about a real estate investment. This isn't the first time that CalPERS has tangled...