On February 25, CII and seven other groups filed a joint amicus brief in support of the SEC in a lawsuit challenging the agency’s August 6 approval of Nasdaq rules that require companies listed on the exchange to disclose diversity statistics on their boards of directors.

The SEC on February 24 rejected a proposed rule change submitted by Nasdaq that would allow listed companies to lift pricing range limitations that restrict the price of the opening transaction on the first day of trading for a direct listing to the price range disclosed in the company’s registration statement.

The SEC will meet March 9 to consider whether to propose amendments regarding cybersecurity risk management, strategy, governance and incident disclosure.

Activision Blizzard shareholder Kyle Watson filed suit against the company February 24 saying the deal it struck with Microsoft is rife with governance red flags and conflicts of interest.

The latest issue of Proxy Pulse, published by Broadridge and PwC, predicts higher levels of shareholder support for climate proposals this proxy season and finds a significant divide between how retail and institutional shareholders voted on those types of proposals last proxy season.

The pay gap between male and female executives at U.S. companies expanded during the pandemic after years of improvement, according to a new analysis of S&P 500 companies by Morningstar.