Covington has recently learned that, for the first time ever, the CPA-Zicklin Index, which ranks companies’ political disclosure practices, plans to issue rankings for all 500 companies in the S&P 500 Index. This is a significant expansion of the Index, which will impact many public companies that have not previously been subject to intense scrutiny
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SEC Takes a Pass on Corporate Political Disclosure, But Other Fronts Remain
By Zachary G. Parks on
If there was an award for “political law issue of the year,” corporate political disclosure would be a front-runner. About a year ago, the Securities & Exchange Commission (“SEC”) asked the Office of Information and Regulatory Affairs (“OIRA”)—housed within the Office of Management and Budget as part of the Executive Office of the President—to add…