CII welcomed approval November 17 of final rules requiring universal proxies in contested elections for seats on public company boards.
At the same November 17 meeting, the SEC, in a 3-2 vote, approved putting out for comment proposed amendments to its controversial proxy advisor rules.
CII sent a letter to the SEC November 18 providing recommendations on the commission’s plans to implement the clawback provision in Section 954 the Dodd-Frank Act.
CII sent a letter to Institutional Shareholder Services (ISS) November 16 with feedback on the proxy advisor’s 2022 benchmark voting recommendation policies on dual-class voting structures, board diversity and climate-related issues:
Glass Lewis has published its updated voting guidelines for U.S. companies with changes that will go into effect for the upcoming proxy season.
The House Financial Services Committee November 17 passed two bills aimed at reigning in Special Purpose Acquisition Companies (SPACs).
Microsoft shareholders will vote on five shareholder proposals addressing timely topics at the company’s November 30 annual meeting: