Section: Aug. 4, 2022 | Vol 27, Issue 29
A three-judge panel ruled July 29 that the Investors Exchange (IEX) can continue to offer a discretionary limit order (known as a “D-Limit” order), which the SEC approved in 2020.
This proxy season BlackRock voted for fewer shareholder proposals on climate-related concerns and “against” fewer directors to express those same concerns, the giant asset manager reported in its 2022 Voting Spotlight Summary.
Institutional Shareholder Services (ISS) just released its Annual Global Benchmark Policy Survey, which it uses to consider possible voting policy changes. Institutional investors, public companies, corporate directors, and all other interested market constituents are invited to respond.
Almost one year after 35% of votes cast by shareholders supported a proposal asking Nike to release the recruitment and promotion rates of its diverse employees, Nike has committed to publishing this information by the end of 2024 parsed by gender, race and ethnicity.
The SEC is continuing to ask companies to provide more information about the financial impact they are experiencing as a result of the war in Ukraine, reports The Wall Street Journal.