Behind the Veil: Risks of Chinese Companies and the VIE Structure, a new guide published by CII, provides a deep dive into the risks that U.S. investors may be exposed to when investing in certain Chinese companies with Variable Interest Entity (VIE) structures.
by: Emmanuel Tamrat
8/28/2025
0
Comments
In an August 19 letter, the SOC Investment Group asked Nasdaq to “promptly investigate and take appropriate remedial action on Tesla” for granting CEO Elon Musk an interim award of $29 billion without shareholder approval.
by: Rosemary Lally
8/28/2025
0
Comments
A month after GOP state officials from 26 states sent letters to the chairs of major U.S. financial institutions demanding that they denounce ESG considerations, a coalition of 17 Democrat state treasurers and comptrollers sent letters to 17 asset managers urging them to reaffirm their commitment to managing long-term risks like climate change.
by: Rosemary Lally
8/28/2025
0
Comments
SEC Chair Paul Atkins and SEC Chief Accountant Kurt Hohl have urged the Public Company Accounting Oversight Board (PCAOB) to postpone for a year implementation of its new quality control standard, reports Thomson Reuters.
by: Rosemary Lally
8/28/2025
0
Comments
Lyft published an announcement August 14 that its co-founders, Logan Green, chair, and John Zimmer, vice chair, were stepping down from the company’s board that day and the next day were converting all shares of their preferred Class B stock to Class A common stock. Lyft shares responded with an 8.2% increase on $550 million volume.
by: Rosemary Lally
8/28/2025
0
Comments
In the upcoming proxy season, the board of directors of the Oklahoma Tobacco Settlement Endowment Trust plans to file shareholder proposals at 10 major U.S. companies.
by: Rosemary Lally
8/28/2025
0
Comments
