CII sent a letter to the SEC July 16 opposing the commission’s proposal to re-write filer-status categories for public companies and extend to many more companies exemptions from say-on-pay votes, certain executive compensation disclosures and requirements for external auditors to attest to management assessments of internal controls over financial reporting.

Rep. Sean Casten (D-Ill.) July 16 introduced legislation endorsed by CII and 14 CII members that would require companies with two or more classes of stock to provide vote tallies that include a breakdown of results by class.

In a July 9 speech at the Society for Corporate Governance conference, SEC Chairman Paul Atkins offered an assessment of the commission’s new approach to no-action requests in the 2026 proxy season and offered a glimpse at potential reforms to Rule 14a-8.

The House Financial Services Committee approved in a 28-to-23 vote H.R. 9329, the SEC Reform and Restructuring Act, which would terminate the Public Company Accounting Oversight Board (PCAOB) and transfer its oversight function to the SEC.

Democratic lawmakers in both the House and Senate introduced bills to prohibit mandatory pre-dispute arbitration agreements.