In a September 4 letter to the SEC, CII supports more stringent and expansive regulations on foreign private issuers (FPIs), reflecting a broader view that quality disclosures by both domestic and foreign companies are beneficial to investors.

On September 3, Nasdaq proposed revised listing standards that are aimed at cracking down on small Chinese companies. Under the new standards, companies principally operating in China, including Hong Kong and Macau, must raise at least $25 million in an initial public offering to go public on Nasdaq.

The new regulatory agenda published by the Office of Management and Budget September 4 includes anticipated SEC actions on shareholder proposals, a project aimed at “rationalizing” disclosures and updates to "small entity" definitions.

U.S. District Judge Alan Albright of the Western District of Texas August 29 granted an injunction giving Institutional Shareholder Services (ISS) and Glass Lewis a reprieve from compliance with a Republican-backed Texas law that requires them to make onerous disclosures if they consider non-financial factors like ESG issues.