Section: March 19, 2026 | Vol 31, Issue 10
Investor Groups Sue to Block SEC’s Implementation of New No-Action Policy
The Interfaith Center on Corporate Responsibility (ICCR) and As You Sow, represented by Democracy Forward, filed a lawsuit March 19 to block the SEC from continuing to implement its new policy of refraining from considering most no-action requests submitted by companies
Glass Lewis Issues Warning About Wave of State Bills Seeking to Stymy Proxy Advisors
Glass Lewis just published an article raising alarms about 13 pieces of legislation that are being passed by state legislatures “to effectively create a chaotic, impractical patchwork of state regulation that makes providing objective proxy advice near impossible.”
ExxonMobil Promises Not to Opt into Texas Laws that Restrict Shareholders’ Rights
In a March 10 press release announcing that ExxonMobil’s board voted to recommend that the company move from New Jersey to Texas, ExxonMobil pledges that the relocation will not affect shareholder rights.
SEC Chair Paul Atkins, Sen. Elizabeth Warren Headline CII’s Spring Conference
More than 550 CII members gathered March 9-11 at the Salamander Hotel in Washington, D.C., to elect a new board, pass a policy amendment and hear noted experts discuss timely topics ranging from maintaining open markets while protecting national security to the practical challenges and opportunities for leveraging artificial intelligence.