CII sent a letter to the SEC June 25 opposing the commission’s proposal to let public companies replace quarterly Form 10-Q reports with semiannual Form 10-S reports. CII argues that quarterly reporting provides timely, comparable and reliable information that supports investor decision-making, market efficiency, accountability and confidence in U.S. capital markets.

CII General Counsel Jeff Mahoney spoke about the shareholder rights implications of recent SEC actions during a June 24 session at the U.S. SIF (Forum for Sustainable and Responsible Investment) Forum.

Ninety-nine percent of corporate executives surveyed by PwC think boards should use AI in their oversight role, yet only 35% of directors say their boards are doing so.