CII sent a letter to the Financial Accounting Standards Board (FASB) September 16 urging FASB to prioritize at the top of its agenda ESG-related disclosures and the presentation of statements of cash flows.
CII sent a letter September 14 to the U.K. Financial Conduct Authority (FCA) on its proposal to allow companies with dual-class stock structures to be listed on the premium segment of the London Stock Exchange for a maximum of five years.
Testifying September 14 before the Senate Banking Committee, SEC Chair Gary Gensler said he plans to put out for comment proposed rules that would provide investors with more disclosure on cybersecurity, special acquisition companies (SPACs), variable interest entities (VIEs), human capital management, corporate political spending and climate change.
Blue Apron announced September 15 an ESG overhaul, including the adoption of a one share, one-vote structure.
In a September 7 ruling that allows a derivative lawsuit filed by Boeing shareholders to proceed, Vice Chancellor Morgan Zurn of Delaware’s Court of Chancery said the airline’s board publicly lied about if and how the company monitored the 737 Max’s safety.