The US Council of Institutional Investors (CII) has voiced its opposition to aspects of the Republicans’ Financial CHOICE Act which was formally introduced by the House of Representatives’ Financial Services Committee Chairman Jeb Hensarling this week.

Hensarling believes the Act …

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In a sign of disquiet about the acting chair of the US Securities and Exchange Commission (SEC), Michael Piwowar, Democratic Senators have suggested that he has overreached his authority in a letter to the regulator’s inspector general, Carl Hoecker.

The …

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Texan state legislature disclosure act

Shareholder activists and proxy analysts face up to a year in jail and a fine of up to $4,000 if they fail to comply with a new regulations being proposed in the USA.

The US state legislature in Texas has …

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CEO pay ratio disclosure rule

Demand for CEO pay ratios has increased with initiatives in the US and UK focusing on the discrepancies between director and employee pay and the need for more regulation.

US Democratic Senator Bob Menendez and eight other senators have written

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Caterpillar AGM tax scheme

Investors in machinery, vehicle and engine manufacturer Caterpillar have called on its board to establish a special committee to investigate any risks related to tax schemes set up by the company which are now subject to investigations by US federal …

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Business Roundtable | BRT

The Business Roundtable (BRT), an association of the top US chief executives, has voiced its support for President Trump’s plans to reform Dodd Frank and has outlined a number of corporate governance regulations that it believes need reform or to …

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Yahoo CEO cyber security data breach

Marissa Mayer, Yahoo chief executive, has lost her 2016 cash bonus and forgone her 2017 equity award after an investigation found that executives at the technology company were aware of a cyber security data breach in 2014 but did not …

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Nearly half of S&P 100 companies included information in 2016 that showed how they responded to shareholder concerns and made changes to policies, according to a new report from US corporate adviser, Equilar.

 

In 2016 42% of S&P …

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SEC Securities & Exchange Commission

The US Securities and Exchange Commission (SEC) is seeking comments from companies are encountering as they look to comply with the CEO Pay Ratio disclosure rule which took effect for financial years from 1st January 2017. The rule, hotly debated …

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shareholder rights

President Donald Trump signed an executive order on Friday (3rd February) seeking a review of the 2010 Dodd-Frank financial regulatory framework. At the same time President Trump has rescinded the Fiduciary Rule which was designed to eliminate investment advisor conflicts-of-interest

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