SEC leaders say the final amendments aim to avoid burdens on proxy voting businesses that may impair the timeliness and independence of their advice.
Tag: Council of Institutional Investors
Pension giant scolds regulator for attempt ‘to solve problems that simply do not exist.’
The group wants newly listed companies to convert to one share-one vote structures after seven years on the exchanges.
Eight new members elected as board officers, directors.
Council of Institutional Investors Calls for Corporate Board Governance to Mitigate Sexual Harassment
Group recommends reporting case payouts, strengthening board diversity.
While the proposals intend to make it less onerous for public companies, market participants have concern about the impact of reduced disclosures for investors.