US - The Securities and Exchange Commission has postponed implementing rules giving shareholders a bigger say in board make-up while a court of appeals reviews a lawsuit trying to block the regulations.
In September, US Chamber of Commerce and the Business Roundtable filed a lawsuit against the SEC rules, which give shareowners the ability to nominate their own candidates for directors and allow l...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date