The SEC November 2 approved a final rule that changes how institutional investment managers are required to report on how they vote their proxies and lend shares.

Patrick McHenry (R-N.C.), ranking member of the House Financial Services Committee, and Bill Huizenga (R-Mich.), ranking member of the Committee’s Subcommittee on Investor Protection, sent a letter to Committee Chair Maxine Waters (D-Calif.) asking her to invite SEC Chair Gary Gensler to testify.

?Financial authorities in some European markets are contemplating legal or regulatory changes to permit companies to have dual-class capital structures with differential voting rights.

In his annual letter to clients and CEOs, BlackRock CEO Larry Fink touted his firm’s “Voting Choice” capability, which gives certain institutional investor clients more choice in voting their shares, including the option to vote directly. He predicted that technology would enhance engagement and voting, leading to a “revolution in shareholder democracy” that will help transform the relationship between asset owners and companies and ultimately lead to improved corporate governance practices.

Younger, more diverse directors account for the vast majority of board members joining S&P 500 companies this year, reports Spencer Stuarts’s 37th annual Board Index.