Council of Institutional Investors

Section: February 10, 2022 | Vol 27, Issue 6
CII Board Gives Final Approval for In-Person Spring Conference
On February 4, the CII board of directors unanimously agreed to move forward, full-steam ahead, with the in-person portion of the CII spring conference, set for March 7-9, 2022, at the Mandarin Oriental Hotel in Washington, D.C. Members may register to attend in-person or view a live-stream of the plenary sessions of the conference.
SEC Proposes New Rules on 13D, Private Funds, Cybersecurity and Trade Settlement
The SEC February 10 proposed shortening the disclosure period for investors reaching a 5% interest in portfolio companies.
CII Supports PCAOB’s New Advisory Groups, Recommends More Investor RepresentationCII Supports PCAOB’s New Advisory Groups, Recommends More Investor Representation
CII sent a letter to the Public Company Accounting Oversight Board (PCAOB) February 10 supporting its decision to establish two advisory boards, the Investor Advisory Group (IAG) and the Standards and Emerging Issues Advisory Group (SEIAG).
NY State Comptroller Files Proposals Asking for Disclosure on Efforts to Prevent Harassment and Discrimination
New York State Comptroller Thomas DiNapoli filed shareholder proposals at Activision Blizzard, Tesla and Starbucks asking them to report on their efforts to prevent harassment and discrimination against employees and steps taken to improve workforce management.
Senators Weigh In on Anticipated SEC Rulemakings on Human Capital and Cybersecurity
With the SEC blasting through rulemakings recently, senators are sending SEC Chair Gary Gensler letters weighing in on anticipated SEC disclosure rules on human capital management and cybersecurity.
Harvard Law’s John Coates Posits Potential “Deep Fraud” Among SPAC Promoters, Advisors
A paper by Harvard Law professor John Coates asserts that the Special Purpose Acquisition Company (SPAC) boom may have occurred with a significant market misunderstanding of SPAC law.
Legion Partners Urges Guess Board to Dismiss Co-Founders
Asset management firm Legion Partners is calling on the board at Guess to remove the company’s co-founders and directors Paul and Maurice Marciano.
Danish Pension Fund Set to Sell Holdings after Company Blocks Trade Unions
Danish pension fund AkademikerPension announced it is selling its stake in budget airline Wizz Air after the Budapest-based airline repeatedly refused to allow its employees to form and join trade unions in Romania, Ukraine, Norway and Italy.