On March 4, 2021, the SEC announced a new Task Force in the Division of Enforcement. The 22-member team led by Kelly L. Gibson (the Acting Deputy Director of Enforcement) will focus on climate and environmental, social, and governance (ESG) investing. Satyam Khanna, the Senior Policy Advisor, will advise the agency on ESG and re
Category: SEC Investor Alert
On September 23, 2020, the SEC adopted amendments to modernize its shareholder proposal rule, under the Exchange Act Rule 14a-8. The rule defines requirements for shareholder proposal inclusion in the proxy statement:
The stake and tenure of the shareholder
The subsequent resubmission procedure if the proposal is not app
On July 22, 2020, the SEC adopted amendments to its rules that exempt solicitors from furnishing proxy voting advice from the information and filing requirements of the federal proxy rules and issued supplemental guidance on Proxy Voting responsibilities of investment advisers.
The adopted amendments aim at providing investor
FinTech Meetup
On June 11, 2020, the Strategic arm of the SEC for Innovation and Financial Technology (FinHub) announced the launch of virtual peer-to-peer meet-ups (P2Ps), as a solution to its in-person meet-ups started in 2019. These meetings allow FinTech (Financial Technology) community to interact with FinHub and discuss t