The chief of UN-backed Principles for Responsible Investment (PRI) has lashed out at the SEC and corporate lobby groups for trying to dampen investor rights.
In an opinion piece for the FT this week, chief executive of the PRI Fiona …
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A major activist group has launched a petition to fight the SEC’s shareholder proposal rules – already securing nearly two-thirds of the 75,000 target signatories.
Credo Action, which represents millions of activists around the globe fighting for progressive change, warned …
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SEC falls foul of proxy astroturf
Did the SEC cite fake letters to support its proxy clampdown?
The SEC’s attempts to impose tough new regulations on proxy advisers have taken a sinister turn following revelations its chairman has been citing …
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Investors need courage of their ESG convictions
Asset owners must have the courage of their convictions to push forward with ESG policies – particularly when relevant data is hard to come by.
That was one of the overarching messages from …
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New website aims to prevent investor rights erosion
With the SEC set to announce new rules on proxy voting this week, a new website has launched for organisations concerned about the erosion of investor rights. A quick browse of InvestorRightsForum.com …
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Pension fund readiness for new climate rules under question
The UK’s pension watchdog, The Pensions Regulator, has uncovered a disturbing lack of readiness for the DWP’s upcoming ESG regulations. In a survey of the 100 largest schemes, 80% were …
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SEC’s back to work priorities: proxy plumbing & human capital reporting
As the SEC returns to work after the shutdown, Commission chairman, Jay Clayton has started to lay out his departments work for the coming year. During a conference call …
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FRC and FCA target new, rigorous stewardship regime,
SRDII implementation begins, ESG resourcing questioned
In the latest round of consultations and discussion documents, the UK’s governance and financial markets regulators have laid out their “substantially higher expectations for investor stewardship …
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