The D.C. Court of Appeals ruled July 1 that proxy advice does not qualify as a proxy solicitation, a categorization that had been the SEC’s statutory basis for prior rulemaking on proxy advice. The decision is the latest action in a long legal battle between Institutional Shareholder Services (ISS) and the National Association of Manufacturers.

The Society for Corporate Governance, a trade association with historical ties to U.S. corporate secretaries, late last month submitted a letter to SEC Chair Paul Atkins recommending changes to recategorize small- and mid-cap public companies and to remove several important disclosure requirements that they currently must meet.

The International Sustainability Standards Board (ISSB) is proposing amendments to the SASB Standards as well as amendments to the Industry-based Guidance on Implementing IFRS S2.

CII members are invited to participate in Sumitomo Mitsui Trust Group’s 2025 Corporate Governance Survey.