Should SEC Point to Sustainability Accounting Standards Board for ESG Reporting?
By Soyoung Ho Investor demand for sustainability information from companies has been exponentially increasing recently, but the SEC has left …
House Passes to Set up Joint SEC-CFPB Fraud Group
By Bill Flook The House on September 21, 2020, passed legislation that would set up a joint working group between …
Divided SEC Makes it More Difficult for Shareholders to Bring Proposals for Vote at Annual Meetings
By Soyoung Ho Despite strong opposition from investor groups, a divided SEC on September 23, 2020, decided to finalize a …
Institutional Shareholder Services Asks Judge to Toss Out Proxy Advice Rules, Guidance
By Bill Flook Institutional Shareholder Services (ISS) on September 18, 2020, asked a U.S. District Court to invalidate the SEC’s …
SEC Overhauls Bank Disclosure Requirements
By Soyoung Ho The SEC on September 11, 2020, issued a final rule overhauling the types of figures and statistics …
Sen. Schatz Calls on SEC, Other Regulators to Implement Climate Risk Reforms
By Bill Flook Sen. Brian Schatz, a Hawaii Democrat, called on the SEC and other financial regulators to immediately put …
Why Did SEC Schedule Vote on Shareholder Proposal Rule Changes A Month Early?
By Soyoung Ho In the latest attempt by investor advocate groups to get the SEC to back off from its …
Tech Startups, Others Getting Consistency in Reporting Equity-Classified Warrants, Similar Instruments
By Denise Lugo Early-staged companies should get a consistent way to report modifications to all freestanding equity-classified derivative instruments, an …
Are Companies Giving More Forward-Looking Information During Crisis?
By Soyoung Ho Efforts to contain the spread of a novel coronavirus have had a disastrous financial impact on many …
Sen. Crapo Urges SEC to Hit the Gas on its Agenda
By Bill Flook Senate Banking Committee Chairman Mike Crapo, in an August 27, 2020, letter to SEC Chairman Jay Clayton, …