Section: January 11, 2024 | Vol. 29, Issue 2
Supreme Court to Decide Next Week If Federal Agencies Can Rely on Chevron Ruling
Next week the Supreme Court is set to hear a case that could change how much deference federal courts give to federal agencies such as the SEC when they interpret the federal statutes they administer.
FDIC Director Urges Regulators to Scrutinize Largest Asset Managers
The FDIC and other banking regulators “should revisit the regulatory comfort that [they] have provided some of the [largest asset managers] as to how much they can own, and what activities they may engage in, without being found to ‘control’ a banking organization,” said FDIC Director Jonathan McKernan in a January 5 speech to the Association of American Law Schools.
Despite Backlash, Companies Continue to Integrate ESG Metrics into Executive Comp
Seventy-five percent of S&P 500 companies embedded some type of ESG metric into their executive compensation policies in 2023 compared to 66.5% in 2021 , finds a new report from the Conference Board that tracks trends related to this practice.