?Eleven CII members shared their 2026 proxy season accomplishments and provided glimpses of their plans for 2027 during a July 8 webinar.

CII sent a letter July 9 to the Public Company Accounting Oversight Board opposing the board’s proposed amendments to QC 1000, the standard governing audit firms’ systems of quality control.

Although just 45% of independent shareholders voted for Dell’s reincorporation from Delaware to Texas, the move was approved thanks to the 10-1 voting shares held by founder and CEO Michael Dell and other insiders who control 93% of the voting rights.

Sen. Chuck Schumer’s (D-N.Y) reported nominee for a democratic seat on the SEC is “unqualified and untrustworthy” says Better Markets Co-Founder, President and CEO Dennis Kelleher in a press release.

This quarter CII:
Published CII-REF Resource Comparing Corporate Governance Approaches in Four Jurisdictions
Urged the SEC to Maintain Quarterly Reporting Requirements
Created a New Dashboard for Members to Track No-Actions
Provided Suggestions to SEC on Reforming Regulation S-K Disclosures
Sounded Alarm on Governance Shortfalls in SpaceX IPO
Approved New Policy Re-Asserting Importance of Shareholder Proposals as a Fundamental Right
Updated Member Proxy Voting and Stewardship Resources
Produced four webinars and six podcasts on timely governance topics

During this quarter, news out of Capitol Hill included:
Atkins Outlined Near-Term SEC Priorities
SEC Committee Floated Ideas for Boosting IPOs Among Small Companies
Proposed Allowing Companies to Shift from Quarterly to Semi-Annual Reporting
Spit Out “Gag Rule”
Proposed Significantly Scaling Back Reporting Requirements for Public Companies
SEC’s Investor Advisory Committee Voted Down SEC’s Proposal to Eliminate Quarterly Reporting Requirement
Proposed an Agenda with Sweeping Goals for Next Four Years
Cited Multiple Reasons for Scrapping Climate Disclosure Rules
Released Enforcement Data, Announced Shift in Approach to Enforcement

News from Capitol Hill this quarter included:
Warren Pressed Atkins for Information on Resignation of Enforcement Division Director
Hill Hearing Focused on Fighting Fraud
House Financial Services Committee Passed Bill Targeting Proxy Advisors
Senators Raised Red Flags about Risks Tied to Private Credit
Sen. Warren Pushed SEC to Delay SpaceX IPO
Lawmakers Urged Administration to Embrace Bipartisan SEC Commission