In Focus
CII Supports PCAOB’s Efforts to Stop Accounting Firms from Improperly Touting PCAOB Registration
CII sent the Public Company Accounting Oversight Board (PCAOB) a letter March 28 generally supporting its proposal aimed at ensuring that public accounting firms do not mislead investors by improperly using PCAOB registration as a marketing tool. CII backed the PCAOB’s proposals to: 1) Prohibit public accounting firms from using PCAOB registration as an implied endorsement of activities that are outside of the PCAOB’s authority; and 2) require accounting firms that do not file annual reports or pay their annual PCAOB registration fees to withdraw from PCAOB registration.CII Invites Index Providers to Discuss Its Policy on Consultation Processes
CII is requesting meetings with the three major index providers to discuss the policy CII’s U.S. Asset Owner Members approved March 4 that urges index providers to engage in a robust public consultation process when they are contemplating significant changes to benchmark indexes. In its letters to FTSE Russell, MSCI and S&P Global, CII explains the recommendations in the policy and invites the index providers to engage in off-the-record discussions about the gaps between their benchmark consultation practices and the CII policy’s recommended practices.Upcoming Events
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22APR
Webinar: Ancora’s Case for Change at Norfolk Southern
12:00 PM to 12:30 PM EDT
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9SEP
2024 Fall Conference: Brooklyn, NY
9/9/2024 to 9/11/2024 EST
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News & Highlights
- March 28 - Boeing’s Board Must Look in the Mirror for Its Next Shake-Up
- March 28 - The Rise of “Sell-Side Activism”: Why It’s Happening and How to Respond
- March 28 - In a Bumper Year for CEO Pay, One Chief’s $161 Million Award Swells to $1.3 Billion
- March 26 - Strange Bedfellows at DIS
- March 26 - Larry Fink Calls on Boomer Generation to Fix ‘Retirement Crisis’
- March 26 - Larry Fink’s 2024 Annual Chairman’s Letter to Investors
- March 26 - Adam Neumann Bids to Buy Back WeWork for More Than $500 Million
- March 25 - Why ESG Investing Might Never Recover
- March 25 - Boeing CEO Dave Calhoun to Step Down in Wake of 737 Max Struggles
- March 25 - Famously Obstinate, Bill Ackman Is Now Real-Life Famous. What Next?