Vanessa Schoenthaler sits as a panelist for the third in a series of webinars entitled Inside Counsel Insider: Securities Law Compliance for West LegalEd Center.
On April 11, 2017 at 11:00 a.m., Sugar Felsenthal Grais & Hammer LLP partner Vanessa Schoenthaler speaks on West LegalEd Center's webinar titled Inside Counsel Insider: Corporate & Regulatory Compliance. This webinar discussed board fiduciary duties and the tension between state corporate law standards and federal law. Board composition, independence, structure and processes (including best practices in regard to committees) are analyzed. Specifically, director independence is discussed as is audit committees and related requirements, regulations and exemptions. NASDAQ and the NYSE also have similar requirements for director independence and those are also discussed. The webinar also covers disclosure matters related to SOX compliance, including timing and content of an issuer’s periodic disclosures. Both the legal requirements and best practices related to disclosure procedures and internal controls under SOX are examined. Means of controlling the costs of SOX, especially for smaller public companies, are also discussed, including trends in the industry related to high regulatory compliance costs. Finally, the applicability and best practices for privately held companies and SOX are considered.