In a June 23 letter, CII provides the SEC with additional feedback on its proposed clawback rule. The SEC reopened the comment period June 8, marking the commission’s third request for comments on this rule, with ones previously requested for the proposal published in July 2015 and an initial reopening of the comment period in October 2021.

Last week Block shareholders representing 50.1% of outstanding Class A shares supported a proposal at the company’s June 14 annual meeting to jettison the company’s unequal voting structure, but the proposal failed because co-founders Jack Dorsey and Jim McKelvey, representing 11% of the company’s outstanding equity, cast their 10X supervoting shares against.

Republicans on Capitol Hill sent strongly worded letters to the SEC and the National Association of State Retirement Administrators (NASRA) to try to block the SEC’s proposed climate disclosure rules and to stunt the growth of investments in ESG funds.

A FY 2023 funding bill for a number of federal agencies, including the SEC, contains a provision prohibiting funds to be used to implement the proxy advisor rules that the commission issued in July 2020.

West Virginia State Treasurer Riley Moore June 10 sent messages to six financial institutions threatening to place them on the state’s restricted financial institution list if they continue to boycott fossil fuel companies.

Activision Blizzard Shareholders Pass Proposal Asking for Report on Harassment and Discrimination and Say on Pay Fails at AMC Entertainment .