Section: September 26, 2024 | Vol 29, Issue 35
CII Members Approve Class-by-Class Vote Disclosure Policy for Dual-Class Stock
At CII’s fall conference in Brooklyn, CII members adopted an amendment to an existing policy (CII Policy 4.4 ) that would add clarity to the disclosure of vote results.
House Passes Bill Placing Restrictions on ESG Disclosure, Shareholder Proposals
The House September 19 passed H.R. 4790, the Prioritizing Economic Growth Over Woke Policies Act in a 215-203 vote, with three Democrats voting with Republicans.
House Committee Hearing on Oversight of the SEC Gets Testy
During a contentious five-hour House Financial Services Committee hearing on September 24, all five SEC commissioners were grilled by Republican members about the commission’s procedures and priorities.
Starboard Issues Proxy Ballot for Proposal to Oust Dual-Class Structure at News Corp
Starboard Value sent News Corp shareholders a proxy ballot September 20 urging them to support the hedge fund’s proposal to eliminate the company’s dual-class structure.
Younger Retail Investors Want Pass-Through Voting, Says White Paper
The demand for pass-through voting is growing among retail investors, especially those in the younger demographic, reports a new publication by Tumelo.