Section: July 11, 2024 | Vol. 29, Issue 26 (Q2)
Governance News this Week
CII Urges Delaware Governor to Veto Bill Allowing Companies to Enter into Agreements that Usurp the Boards’ Powers; U.K. Pares Down Shareholder Protections at Listed Companies; House Committee Clears Bill Blocking DOL Fiduciary Rule; SEC’s Spring Regulatory Agenda Lists Target Dates for Key Rulemakings; NY Judge Throws Out Case Challenging NYC Pension Funds’ Divestment in Fossil Fuel; Salesforce Shareholders Vote Down Say on Pay; and Number of and Support for Governance Proposals Up in 2024, Finds Report

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CII’s Accomplishments in Q2 2024
Urged Delaware Bar to Reconsider DCGL Amendments Granting Boards Authority to Contractually Limit Their Powers.
Backed PCAOB Proposals Requiring Auditors to Give Investors More Information.
Pressed the U.K.’s FCA to Reconsider Changes to Listing Rules.
Supported Two PCAOB Final Standards.
Board Named McCormick Next Executive Director.
Webinars and Podcasts.
News from the SEC in Q2 2024
SEC, NAM Appealed Court Decision Affirming SEC’s Proxy Advisory Rules are Invalid
​News from Capitol Hill Q2 2024
SEC’s New Climate Disclosure Rules Scrutinized at Hill Hearing.
Lawmakers Introduced Bills to Curtail U.S. Investments in China.
McHenry Lamented Political Discord Over ESG at World Economy Summit.
Senators Urged Gensler to Issue Share Repurchase Rule 2.0.
Lawmakers Called German Company’s Acquisition of ISS a National Security Risk.
President Biden Vetoed CRA Resolution that Would Have Nixed SEC Staff Accounting Bulletin.
Lawmakers Urged Federal Reserve, SEC, NCUA to Move on Rules to Rein in Risky Pay Plans for Bank Execs.
Democrats Urged SEC to Finalize Anti-Greenwashing Rules.
House Judiciary Committee Put Investors in its Crosshairs.
Democratic Lawmakers Urged Gensler to Move Forward on Climate-Related Disclosure.
House Committee Approved Bill Prohibiting Funding for Implementation of SEC Rules.