The SEC May 5 released a proposed rule that would allow reporting companies to elect to file one semiannual report on a new Form 10-S rather than three quarterly reports on Form 10-Q.
by: Rosemary Lally
5/7/2026
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New York City Comptroller Mark Levine is urging ExxonMobil shareholders not to support the company’s proposal to move its state of incorporation from New Jersey to Texas and to vote for a proposal that would offer additional options to a new voting program for retail Exxon shareholders.
by: Rosemary Lally
5/7/2026
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Gearing up for the expected IPOs of SpaceX and OpenAI, S&P is seeking input on the creation of a new MegaCap category of companies that would be subject to less stringent eligibility criteria.
by: Rosemary Lally
5/7/2026
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In related news, SpaceX’s upcoming IPO is drawing scrutiny from investors. The SOC Investment Group and the American Federation of Teachers (AFT) both sent letters asking the SEC to probe into the company’s reported accounting and governance issues before the IPO is allowed to proceed.
by: Rosemary Lally
5/7/2026
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Shareholder proponents who no longer are eligible to file exempt solicitations on the SEC website thanks to revised rule interpretations now have two options.
by: Rosemary Lally
5/7/2026
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