Section: November 2, 2023 | Vol. 28, Issue 40
Coalition’s Letter-Writing Campaign Urges SEC to Propose Board Diversity Rule
The Thirty Percent Coalition has launched a campaign to press the SEC to propose rules requiring all companies that trade on U.S. exchanges to disclose disaggregated data about their directors by gender and ethnic and racial identity.
CII Executive Director Lauds Key SEC Accomplishments at Capitol Hill Hearing
CII Executive Director Amy Borrus defended the SEC’s actions on a number of key topics at a November 2 hearing on “Examining the SEC’s Agenda: Unintended Consequences for U.S. Capital Markets and Investors” held by the Financial Services’ Subcommittee on Capital Markets,
House Judiciary Panel Demands Investor Groups Turn Over Documents Related to ESG Communications
The House Judiciary Committee sent subpoenas to As You Sow, Institutional Shareholder Services (ISS), Glass Lewis, Engine No.1, Trillium Asset Management, Arjuna Capital and Aviva Investor Americas asking them to provide documents showing how they advance ESG policies.
GOP Attorneys General Appeal Decision Upholding DOL Rule on ESG Factors
A group of 26 Republican state attorneys general filed an appeal October 26 challenging a Texas federal judge’s September decision that upheld a Department of Labor rule allowing retirement plan fiduciaries to consider ESG factors when selecting retirement plan investments.
In Rare Move, Biote Shareholders Fail to Approve Auditor Ratification
A majority of Biote shareowners opposed Deloitte & Touche as the healthcare firm’s external auditor at its annual meeting in May.