CII’s Shareholder Advocacy Committee hosted a July 29 proxy season wrap up webinar during which five CII members shared their 2024 accomplishments and provided a glimpse into their plans for 2025.

In an August 1 letter to the Public Company Accounting Oversight Board (PCAOB), CII supports the PCAOB’s proposed auditing standards on substantive analytical procedures, which would replace standards now in place.

As part of the House Judiciary Committee’s probe into whether ESG investing violates federal antitrust laws, Committee Chair Jim Jordan (R-Ohio) sent letters July 30 to 130 retirement systems, and government pension programs demanding information about their involvement with Climate Action 100+.

Ranking Member of the Senate Banking Committee Tim Scott (R-S.C.) and other Republican members of the committee sent a letter to Federal Deposit Insurance Corporation (FDIC) Chairman Martin Gruenberg asking him to withdraw the FDIC’s proposed rulemaking, “Guidelines Establishing Standards for Corporate Governance and Risk Management for Covered Institutions with Total Consolidated Assets of $10 Billion or More,” that would bolster the governance standards at an estimated 57 banks.

Sen. Elizabeth Warren sent a letter July 24 to Federal Reserve Chair Jerome Powell criticizing the Federal Reserve for not implementing Section 956 of the Dodd-Frank Act of 2010, which directs financial regulators to jointly adopt regulations prohibiting incentive-based compensation arrangements that encourage inappropriate risk-taking by bank CEOs and other top executives.

The Delaware Court of Chancery recently ruled that companies must include all issuances and transfers of stock in their stock ledgers, not just ones with voting rights.

The U.K.’s Financial Reporting Council is reviewing five priority areas as it undertakes a revision of the U.K. Stewardship Code.