Section: Sept. 15, 2022 | Vol 27, Issue 35
CII encourages the Public Company Accounting Oversight Board (PCAOB) to take action on several key reform initiatives in a September 15 letter.
SEC Chair Gary Gensler discussed topics ranging from climate risk disclosure to PCAOB inspections of audit firms based in China during a September 15 Senate Banking Committee hearing on oversight of the SEC.
Four democrats on the Senate Banking Committee sent a letter last month urging SEC Chair Gary Gensler to finalize the commission’s proposed rules on 10b5-1 plans and to take some of the rules’ provisions even further.
New analysis by CII shows a significant decline in the number of newly listed U.S. companies adopting dual-class structures and a greater proportion of those that do adopt these structures include sunset provisions that phase them out after a set period of time.