The Council of Institutional Investors (CII) sent a letter to the SEC September 24 urging the commission not to approve the Texas Stock Exchange’s (TXSE) proposed amendments to Rule 13.003, which would require brokers to vote uninstructed shares in proportion to the instructions received from other customers.
by: Rosemary Lally
9/24/2026
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CII just published its updated U.S. Securities Litigation Guide which explains how institutional investors—particularly public pension funds—can use securities litigation to recover losses, deter misconduct and improve corporate governance.
by: Rosemary Lally
9/24/2026
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Some new developments have surfaced since the SEC on September 16 issued a proposal to rescind the shareholder proposal rules and reform the proxy solicitation process.
by: Rosemary Lally
9/24/2026
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The Interfaith Center on Corporate Responsibility (ICCR) and As You Sow dropped their lawsuit challenging the SEC’s decision to bow out of the no-action process after the commission announced in August that it would no longer be issuing letters that rubber stamp companies’ arguments for omitting proposals.
by: Rosemary Lally
9/24/2026
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At the same time the SEC is proposing to significantly scale back corporate disclosure to reduce companies’ expenses, the SEC’s chief economist is arguing that "better” reporting, not artificial intelligence (AI) will be most effective in lowering those costs.
by: Rosemary Lally
9/24/2026
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