CII sent a letter August 13 opposing the Texas Stock Exchange’s (TXSE) plans to amend its rules to require brokers to vote uninstructed shares held on behalf of beneficial owners of TXSE-listed companies.
by: Rosemary Lally
8/13/2026
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In an August 13 letter to the SEC, CII urges the commission not to rescind Rule 611, the Regulation NMS provision that generally prevents orders from being executed at prices worse than the best displayed exchange quote. Rule 611 delivers meaningful investor protections while the savings from rescinding it remain uncertain, and repeal could shift money from beneficiaries to intermediaries while weakening price transparency and accountability, says the correspondence.
by: Rosemary Lally
8/13/2026
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The Americans for Prosperity Foundation filed suit to block a Delaware law requiring certain organizations that run ads related to upcoming elections in the state to disclose the names of individuals who contribute more than $100. The suit comes as Delaware Assembly candidates are allegedly receiving large amounts of funding from corporate lobbyists who support changes to Delaware corporate law.
by: Rosemary Lally
8/13/2026
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ISS filed a lawsuit in the U.S. District Court for the Western District of Oklahoma August 13 challenging a new Oklahoma statute, H.B. 4429.
by: Rosemary Lally
8/13/2026
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In what could signal the beginning of a significant shift in market structure, the SEC August 12 issued a no-action letter allowing Franklin Templeton’s traditional registered funds to invest cash in its tokenized Franklin OnChain U.S. Government Money Fund (FOBXX) without meeting conventional physical-custody rules.
by: Rosemary Lally
8/13/2026
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In response to President Donald Trump’s recent announcement that he plans to offer subscribers who pay for faster access to his Truth Social posts, Sen. Mark Warner (D-Va.) introduced the NO PROFIT Act, S. 5223, which would “prohibit the purchase or sale of securities while aware of nonpublic information contained in certain social media accounts controlled by [g]overnment officials.”
by: Rosemary Lally
8/13/2026
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The Sustainable Investment Forum (U.S. SIF) is encouraging investors to co-sign a letter it is sending to the Equal Employment Opportunity Commission (EEOC) urging it to withdraw its proposed rule to rescind the mandatory demographic reporting requirements.
by: Rosemary Lally
8/13/2026
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The Public Company Accounting Oversight Board (PCAOB) is planning to hold a one-hour, virtual roundtable on artificial intelligence (AI) toward the end of August or in early September. Participants would be investors, other market participants, and technologists. The PCAOB seeks investors’ perspectives on its oversight of how external auditors plan, execute and evaluate audits of financial statements using AI.
by: Rosemary Lally
8/13/2026
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