Council of Institutional Investors

Section: July 1, 2021 | Vol 26, Issue 25 (Q2)
News from the SEC
News from the SEC (Q2)
News from Capitol Hill
News from Capitol Hill (Q2)
CII's Accomplishments This Quarter
CII's Accomplishments This Quarter (Q2)
Plethora of Comment Letters on Climate Change Disclosure Endorse Varied Approaches
The SEC has received more than 6,000 comment letters in response to then-Acting Chair Allison Herren Lee’s March 15 invitation for public input on climate change disclosure, and while many of the commenters advocate different approaches to disclosure, almost all agree that more information on the topic is warranted.
SEC Chair, Commissioners Express Varying Views on ESG Disclosure
In the past week, the SEC Chair and two commissioners traded different perspectives on how the commission and corporate boards should proceed toward disclosure of climate change and other ESG issues.
SEC Investor Advocate to Focus on ESG Disclosure, 10b5-1 Plans, SPACs and Market Structure Issues
The SEC’s Office of the Investor Advocate released a report June 28 that which includes several objectives for the 2022 fiscal year that align with CII’s 2021 advocacy priorities.
Proxy Advisory Firms Met Industry Best Practices, Oversight Group Says
In 2020, six leading proxy advisory firms hewed to voluntary best practice standards for service quality, integrity and communications, according to a report released today by an independent international oversight panel.
Bill Would Require SEC to Study Changes to Rule 10b5-1 Trading Plans
Senators Chris Van Hollen (D-Md.) and Deb Fischer (R-Neb.) on June 24 reintroduced the Promoting Transparent Standards for Corporate Insiders Act, legislation to bring greater transparency to corporate stock trading.