Latest Breaking News On - Council of institutional investors fall - Page 1 : comparemela.com
To embed, copy and paste the code into your website or blog:
Democrats and Republicans are busy “lobbying” the SEC these days. Republicans want the SEC to nix Nasdaq’s proposal for new listing rules regarding board diversity and disclosure. Democrats want the SEC to beef up its insider trading rules in connection with Rule 10b5-1 plans. Will either find a receptive audience?
Letter from Republican Senators. In a letter to Acting SEC Chair Allison Lee, Senator Pat Toomey and the other Republican members of the Senate Committee on Banking, Housing, and Urban Affairs asked the SEC to reject the Nasdaq board diversity proposal. You might recall that, at the end of 2020, Nasdaq filed with the SEC a proposal for new listing rules regarding board diversity and disclosure. The new listing rules would adopt a “comply or explain” mandate for board diversity for most listed companies and require companies listed on Nasdaq’s U.S. exchange to publicly disclose “consist
United-states
American
Brad-sherman
Warren-buffett
Sherrod-brown
Elizabeth-warren
Chris-van-hollen
Pat-toomey
Allison-lee
Jay-clayton
Senate-committee-on-banking
Rock-center