Securities


SECURITIES

The SEC issues staff legal bulletin no. 14, Shareholder Proposals, to address issues pertaining to the 1934 Securities Exchange Act’s rule 14a-8, which governs inclusion of such documents in stock issuers’ proxy materials. The bulletin explains how the SEC applies the rule and reviews companies’ requests for “no-action” letters documenting its agreement not to take legal action against companies for a particular activity ( www.sec.gov/interps/legal/cfslb14.htm ).

SPONSORED REPORT

States look to unclaimed property for revenue

This free report outlines the escheat process, common types of AUP, how different states are handling it and how companies can plan for potential audits and liabilities.

PODCAST

Using drones to enhance audits

Hermann Sidhu, CPA, global assurance digital leader at EY, walks us through EY’s exciting new project to use drones to help audit large warehouses and outdoor inventories.